Transfers the assignor's rights and obligations to the assignee, with the landlord's consent, and should include negotiated clauses such as sharing of excess rents, assignment review fee, recapture rights, damages and indemnification
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Residential Lease Assignment Agreement Template
This is a standard residential lease assignment agreement.
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What is a Lease Assignment Agreement
Author
Dorna Moini, JD
Founder, Gavel
Dorna Moini is the CEO and founder of Gavel, a no-code platform for building document automation and client-facing web applications for the law. Prior to starting Documate, Dorna was a litigator at Sidley Austin. There, in her pro bono practice, she worked with legal aid organizations to build a web application for domestic violence survivors to complete and file their paperwork, which led to the idea for Documate. Dorna is on the Legal Services Corporation Emerging Leaders Council and a member of LAFLA’s Advisory Board. She was named an ABA Legal Rebel and a Fastcase 50 honoree. She also teaches the Legal Innovations Lab at USC Law School.
Download a Lease Assignment Agreement template
Residential Lease Assignment Agreement Template
This is a standard residential lease assignment agreement.
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