ASSIGNMENT OF LEASE BY LESSEE WITH CONSENT OF LESSOR

ASSIGNMENT OF LEASE BY LESSEE WITH CONSENT OF LESSOR

Assignment made this date _______________________.

By__________________________________________________________________, as Assignor,

To__________________________________________________________________, as Assignee.

For value received, Assignor assigns and transfers to Assignee that Lease, Dated ___________________, Executed by Assignor as Lessee and by___________________________________________________________, as Lessor, of the following described premises: ______________________________________________________________________________,

together with all the rights, 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 ___/___/___, until the present term of the lease expires on ___/___/___.

A copy of the lease is attached hereto and made a part hereof by reference. Assignor covenants that Assignor is the lawful and sole owner of the interest assigned hereunder; that this interest is free from all encumbrances; and that Assignor has performed all duties and obligations and made all payments required under the terms and conditions of the Lease.

ASSIGNEE agrees to pay all rent due after the effective date of this assignment, and to assume and perform all duties and obligations required by the terms of the Lease.

Dated: ___/___/___ Assignor: _________________________________________________

Dated: ___/___/___ Assignee: _________________________________________________

CONSENT OF LESSOR

I _______________________________________________________, Lessor named in the above assignment of that Lease executed by me on ___/___/___, consent to that assignment. I also consent to the agreement by Assignee to assume after ___/___/___, the payment of rent and performance of all duties and obligations as set forth in the Lease, and release _____________________________________Lessee and Assignor, from all duties and obligations under the Lease, including the payment of rent, after___/___/___, and accept Assignee as Lessee in the place of _________________________________________________, Lessee and Assignor.

Date: ___/___/___

 by: ________________________________________________

Download Word Document In English. (Rs.10/-)

ASSIGNMENT OF LEASE BY LESSEE WITH CONSENT OF LESSOR (English)

Buy Now