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| Assignment
of Lease by Lessee with Consent of Lessor Also known as:
Assignment Lease, Assignment Agreement, Sublet Agreement, Sublease Agreement, Sub-lease Agreement, Rental
Agreement
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Assignment of Lease by Lessee with Consent of Lessor Agreement
Using this form, will provide you with written proof that
the landlord is in agreement to sublet to a third party tenant.. More
importantly, you have the landlord's signed release of your liability /
obligation under the terms of the lease. You also have written proof that
the tenants who are replacing you are aware of the terms of the lease, the
rent payments, and their responsibilities as tenants.
Assignment of Lease by Lessee with Consent of Lessor Agreement/partial sample
This Assignment made ______, 20__, by
________, of ________, as assignor, to __________ of
__________, as assignee. For value received, assignor
assigns and transfers to assignee that lease, dated
__________, 20____, executed by assignor as lessee and by
__________ of __________, as lessor, of the following
described premises: ___________, together with all his
right, title, and interest in and to the lease and premises,
subject to all the conditions and terms contained in the
lease, to have and to hold from __________, 20___, until the
present term of the lease expires on __________, 20___. A
copy of the lease is attached hereto and made a part hereof
by reference.
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Items covered in the Assignment of Lease by Lessee
with Consent of Lessor Agreement
- SUBLESSOR
- SUBTENANT
- PREMISES
- TERM
- RENT PAYMENTS
- AGREEMENT TERMINATION
- UTILITIES
- PROPERTY CONDITION
- DEPOSIT
- INVENTORY FORM
- ORIGINAL LEASE
- CONSTRUCTION
- PARENTAL/GUARDIAN GUARANTEE
- ACKNOWLEDGEMENT OF COPY RECEIVED
- LANDLORD APPROVAL
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Why use the Assignment of Lease by Lessee with
Consent of Lessor form?
A long title with a simple meaning... don't let it scare you!
If you are a tenant (a Lessee), your lease agreement probably
contains a clause prohibiting you from letting someone else take
over the lease without the landlord's consent. Most do. This is
to protect the landlord from suddenly having new tenants...
tenants who may or may not make timely rental payments. Tenants
who may or may not take care of his property.
Even if your lease allows you to let other people move into
the property without your landlord's consent (which is doubtful)
you will retain full responsibility for rent payments and
property condition. If the new people don't pay, guess what? If
the new people trash the house, causing thousands of dollars of
damage, guess what? The landlord will come after YOU. You, after
all, are the one who signed the lease.
With this document the transfer to the new tenant will be
complete and you can rest easy, knowing that nothing about that
lease will come back to haunt you.
Save yourself time, expense, and headache by thoroughly
checking out your agreement!
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