Tenants should first check the original lease agreement for clauses that specify how an assignment can take place. In addition, it's important to research how local landlord and tenant laws may affect the enforceability of a Lease Assignment Agreement. The next step is asking the landlord for consent. With LawDepot's Consent to Lease Assignment template, tenants provide landlords with all of the necessary information to transfer their interest in a lease, including:
Information about the original lease
The name of the new tenant (i.e. the assignee)
The date the assignee takes over the lease
In this agreement, the landlord may also specify whether or not they release the original tenant from all liabilities. Once the landlord signs the consent form to show approval, the tenant can proceed with drafting or executing a ProductLink code="RASSIG" text="Lease Assignment Agreement".