California Assignment of Commercial Lease

Assign your interest as lessor under an existing business lease to a new owner with this Assignment of Lease form for California.

• The Assignment must be signed by the seller (current landlord), the purchaser (new landlord), and the tenant.
• The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
• The seller and purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• The Assignment is for California commercial premises only. A different form is required for residential tenancies.
• Available in MS Word format.