Free Lease Assignment Agreement

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Lease Assignment Agreement Details
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This software has the flexibility to let you quickly create the Lease Assignment you want. It does this by providing many options with appropriate defaults.

One common default is 'Do Not Specify'. This default means that the finished agreement will not have a clause dealing with that topic. The benefit of not specifying is that you get a shorter and simpler document; however, the document will be less precise. Also, in some cases, the issue may not even be applicable. For example, if you do not want to specify whether utilities are included in the rent, then it is appropriate to pick 'Do Not Specify' for the answer to this question.

Governing Law
State: Q. What is the governing law of my Lease Assignment?

A. The governing law will be the jurisdiction in which the leased premises is located, regardless of which jurisdictions the Assignor, Assignee and Landlord reside.
Assignor Information (the original tenant in the lease)
Number of Assignors: Q. Who is the Assignor?

A. The Assignor is the Tenant from the original lease, who is now transferring his/her entire interest in the lease to someone else.

First Assignor's Information
Name:
Type:
Second Assignor's Information
Name:
Type:
Third Assignor's Information
Name:
Type:
Fourth Assignor's Information
Name:
Type:
Assignee Information (the new tenant)
Number of Assignees: Q. Who is the Assignee?

A. The Assignee is the person who receives the lease interest from the original Tenant (the Assignor), and who becomes the new Tenant.

First Assignee's Information
Name:
Type:
Second Assignee's Information
Name:
Type:
Third Assignee's Information
Name:
Type:
Fourth Assignee's Information
Name:
Type:
Landlord Information (the original landlord in the lease)
Number of Landlords:

First Landlord's Information
Name:
Type:
Second Landlord's Information
Name:
Type:
Third Landlord's Information
Name:
Type:
Fourth Landlord's Information
Name:
Type:
Lease Information
Type: Q. If the property is a residential unit located above a commercial property, what type of lease is it?

A. This situation would be classified as a residential lease, even though the property is contained within a commercial building.
Date of Original Lease: (e.g. September 17, 2013)
Property Address:
(e.g. 55 Maple Street, Atlanta, Georgia 92143
Suite #, Building Name, Street, City, State and Zip Code)
Copy of Original Lease
A copy of the Original Lease:
Release of Assignment
Is Assignor Liable if Assignee Breaches Lease?
Lead Paint Disclosure
Was there a Lead Paint disclosure in the original Lease?
Was the Premises built after 1978?
Except where the Premises were built after 1978 or in certain other limited circumstances, Federal Law (Residential Lead-Based Paint Hazard Reduction Act of 1992, 42 U.S.C. 4852d ) requires that the Landlord provide the Tenant the pamphlet Protect Your Family from Lead in Your Home (EPA - 747-K-99-001) or an equivalent pamphlet that has been approved for use in your state by the Environmental Protection Agency. It also requires the Landlord to disclose certain information regarding lead-based paint and lead-based paint hazards that might exist in the leased Premises.
Is the Landlord aware of any lead-based paint or lead-based paint hazards in the Premises?
Describe Hazards:
(e.g The paint on the walls and ceilings of the basement of the Premises contain lead-based paint.)
Are there any reports or records with respect to lead-based paint or lead-based paint hazards in the Premises?
List reports and records:
(e.g A report dated January 1st, 1988 prepared by Inspector Ltd. showing the existence of lead-based paint on the ceilings and walls of the basement of the Premises.)
Is an agent involved in leasing the Premises for the Landlord?
The Landlord's agent has an obligation to have informed the Landlord of its obligations under 42 U.S.C. 4852(d) and to ensure compliance with those requirements.
Agent's Name: