The Lease Assignment And Assumption Agreement is essential when a tenant needs to transfer their lease obligations to another party before the original lease term expires. This commonly occurs during business relocations, corporate restructuring, or when individuals need to move before their lease ends. The document must comply with U.S. state-specific property laws and typically requires explicit landlord approval. It includes detailed provisions about the transfer of rights, obligations, security deposits, and any modifications to the original lease terms. This agreement protects all parties by clearly documenting the assignment terms and ensuring compliance with applicable laws and regulations.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of assignor, assignee, and landlord including full legal names and addresses
2. Background: Context of the original lease and reason for assignment, including reference to the original lease date and parties
3. Definitions: Key terms used throughout the agreement including 'Lease', 'Assignment Date', 'Premises', etc.
4. Assignment and Assumption: Core provisions transferring rights and obligations from assignor to assignee
5. Consideration: Details of payment or other consideration for the assignment
6. Representations and Warranties: Statements of fact by parties regarding the lease and their authority to enter into the assignment
7. Landlord's Consent: Confirmation of landlord's approval of the assignment and any conditions attached
8. Governing Law: Jurisdiction governing the agreement and venue for dispute resolution
9. Execution: Signature blocks for all parties including notary provisions if required
1. Security Deposit Transfer: Terms for transferring existing security deposit from assignor to assignee
2. Broker Provisions: Terms regarding any broker involvement and commission arrangements
3. Indemnification: Provisions for mutual or one-way indemnification between parties
4. Assignment Fee: Terms regarding any fee paid to landlord for consenting to the assignment
1. Schedule A - Original Lease: Copy of the original lease being assigned including all amendments
2. Schedule B - Property Description: Legal description of the leased premises
3. Schedule C - Landlord's Consent Form: Formal documentation of landlord's approval of the assignment
4. Schedule D - Assignment Fee Schedule: Details of any fees and payment schedule for the assignment
Relevant legal definitions
Agreement
Assignee
Assignor
Assignment Date
Assignment Fee
Assigned Lease
Effective Date
Landlord
Lease
Leased Premises
Original Lease
Parties
Property
Rent
Security Deposit
Term
Transfer Date
Permitted Use
Guarantor
Liabilities
Obligations
Lease Rights
Base Rent
Additional Rent
Common Areas
Improvements
Consent
Landlord's Consent
Assignee
Assignor
Assignment Date
Assignment Fee
Assigned Lease
Effective Date
Landlord
Lease
Leased Premises
Original Lease
Parties
Property
Rent
Security Deposit
Term
Transfer Date
Permitted Use
Guarantor
Liabilities
Obligations
Lease Rights
Base Rent
Additional Rent
Common Areas
Improvements
Consent
Landlord's Consent
Clauses
Assignment and Assumption
Consideration
Consent
Representations and Warranties
Indemnification
Security Deposit
Rent and Payments
Condition of Premises
Release of Liability
Further Assurances
Successors and Assigns
Default
Notices
Governing Law
Amendments
Severability
Entire Agreement
Counterparts
Assignment Fee
Broker Provisions
Time of Essence
Authority
Compliance with Laws
Insurance
Waiver
Costs and Expenses
Assignment Conditions
Performance Guarantee
Consideration
Consent
Representations and Warranties
Indemnification
Security Deposit
Rent and Payments
Condition of Premises
Release of Liability
Further Assurances
Successors and Assigns
Default
Notices
Governing Law
Amendments
Severability
Entire Agreement
Counterparts
Assignment Fee
Broker Provisions
Time of Essence
Authority
Compliance with Laws
Insurance
Waiver
Costs and Expenses
Assignment Conditions
Performance Guarantee
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Assignment Of Real Estate Contract And Sale Agreement
A U.S. legal document that transfers rights and obligations under a real estate contract from one party to another.
find out more
Agreement To Assignment
A U.S. legal document formalizing the transfer of rights, obligations, or property from one party to another, governed by state and federal laws.
find out more
Assignable Purchase Contract
A U.S.-governed contract establishing purchase terms with the right to assign the contract to third parties.
find out more
Assignment Of Real Estate Purchase Contract
A U.S. legal document that transfers a buyer's rights and obligations in a real estate purchase contract to another party.
find out more
Assignment Of Lease From Seller To Buyer Form
A U.S. legal document that transfers lease rights and obligations from an existing tenant to a new tenant.
find out more
Assignment Of Property Contract
A U.S. legal document that transfers property ownership rights from one party to another, subject to federal and state property laws.
find out more
Assignment Of Contract Of Purchase And Sale
A U.S. legal document that transfers a buyer's rights and obligations under a purchase and sale agreement to another party.
find out more
Wholesaling Real Estate Contracts
A U.S.-governed contract template for real estate wholesaling transactions, enabling property purchase with assignment rights to end buyers while ensuring legal compliance.
find out more
Assignment Of Purchaser's Interest In Land Contract
A U.S. legal document that transfers a purchaser's rights and obligations under a land contract to a new buyer.
find out more
Assignment Assumption Agreement
A U.S. legal document that transfers contractual rights and obligations from one party to another, ensuring proper assumption of responsibilities and benefits.
find out more
Assignment Of Lease By Tenant
A U.S. legal document that transfers a tenant's lease rights and obligations to a new tenant, subject to landlord approval.
find out more
Addendum Assignment Contract
A U.S.-governed legal document that transfers contractual rights and obligations from one party to another.
find out more
Assignment Of Judgment Agreement
A U.S. legal document that transfers ownership rights of a court judgment from one party to another.
find out more
Assignment Of Construction Contract To Lender
A U.S. legal document transferring construction contract rights from a contractor to a lender as security for financing.
find out more
Assignment Of Leases And Rents
A U.S. security instrument that assigns property leases and rental income as loan collateral.
find out more
Assignment And Assumption Of Lease
A U.S. legal document that transfers a tenant's lease rights and obligations to a new tenant, subject to landlord approval and state property laws.
find out more
Assignment Fee Agreement
A U.S. legal document establishing terms for the transfer of rights from one party to another in exchange for a fee, governed by state contract laws.
find out more
Assignable Lease
A U.S.-governed lease agreement that permits the transfer of tenant rights and obligations to another party, subject to specified conditions.
find out more
Assignment And Amendment Agreement
A U.S. legal document that facilitates the transfer of contractual rights and obligations while simultaneously modifying terms of the original agreement.
find out more
Assignment And Assumption Of Contract
A U.S. legal document that transfers contractual rights and obligations from one party to another, subject to state contract laws.
find out more
Assignment And Assumption Agreement Asset Purchase
A U.S. legal document that transfers rights and obligations related to assets from one party to another, including terms of transfer and assumption of liabilities.
find out more
Assignment Of Lease To New Owner
A U.S. legal document that transfers existing lease rights and obligations from a current property owner to a new owner.
find out more
Assignment Of Lease By Lessor
A U.S. legal document transferring a lessor's rights and obligations under an existing lease to a new lessor while maintaining original lease terms.
find out more
Assignment Of Contract Of Sale
A U.S. legal document that transfers rights and obligations under a sales contract from one party to another.
find out more
Assignment Of Asset Purchase Agreement
A U.S. legal document that transfers rights and obligations under an existing Asset Purchase Agreement from one party to another.
find out more
Assignable Option Agreement
A U.S. legal agreement granting transferable rights to execute a future transaction or acquire assets within a specified timeframe.
find out more
Assignment Of Lease Contract
A U.S. legal document transferring lease rights and obligations from one party to another, subject to state and federal property laws.
find out more
Assignment Of Intellectual Property Rights Agreement
A U.S.-governed agreement that transfers ownership of intellectual property rights from one party to another.
find out more
Assignment Of Equipment Lease
A U.S. legal document that transfers rights and obligations under an existing equipment lease from one party to another.
find out more
Assignment Of Agreement Addendum
A U.S. legal document that transfers rights or obligations under an existing agreement from one party to another.
find out more
Assignment Of Purchase Order
A U.S. legal document that transfers rights and obligations under an existing purchase order from one party to another, governed by state law and the UCC.
find out more
Assignment Assumption And Amendment Agreement
A U.S.-governed agreement that facilitates the transfer of contractual rights and obligations while modifying the original agreement's terms.
find out more
Agreement To Assign Contract For Sale And Purchase
A U.S. legal agreement that transfers rights and obligations under an existing sales contract from one party to another.
find out more
Assignment Of Liabilities Agreement
A U.S. legal document that transfers specified financial obligations or debts from one party to another, governed by federal and state contract laws.
find out more
Assignment Of Lease By Landlord
A U.S. legal document that transfers a landlord's rights and obligations under an existing lease to a new landlord.
find out more
Assignment Of Option Agreement
A U.S. legal document that transfers rights and obligations under an existing option agreement from one party to another.
find out more
Assignment Of Purchase And Sale Agreement
A U.S. legal document that transfers a buyer's rights and obligations under a purchase and sale agreement to another party.
find out more
Assignment Of Patent Rights Agreement
A US-law governed agreement that transfers ownership rights in patents from one party to another, complying with USPTO requirements.
find out more
Assignment Of Franchise Agreement
A U.S. legal document that transfers franchise rights and obligations from one franchisee to another, subject to federal and state franchise regulations.
find out more
Assignment Of Receivables Agreement
A U.S.-governed agreement that transfers accounts receivable from one party to another, typically used in business financing transactions.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)