≡ Menu

Assignment of Residential Lease Form

It may happen that a tenant may have to move to another city because of his job or other reason, in such cases he will have to assign the residential lease to another person. The assignment of residential lease form enables the tenant to transfer the rights and responsibilities of the lease agreement to a new tenant. All the responsibilities like rent, property maintenance etc has to be taken by the new tenant. This assignment has to be made with the consent of the landlord. Before signing the assignment of residential lease form, a tenancy application form must be completed by the new tenant and approval must be given by the landlord.

The assignment or residential lease form includes the terms of assignment, signatures of the landlord, current tenant and the new tenant, length of the assignment etc. However, the original tenant cannot assign more rights than it has under the original lease. For example, if the term of the lease is one year, the term of assignment cannot be two years. A sample Assignment of residential lease template is given below.

Assignment of Residential Lease Form

Assignment of Residential Lease FormDownload Easy to Edit Assignment of Residential Lease Form at only $3.00

Boy Now

 

 

Related Posts to Lease Forms

Lease Form Format
A lease form format helps in the leasing process .It is a document used for outlining the terms and conditions of the lease.

Equipment Lease Form
A commercial Equipment Lease Form is an agreement between parties where one party leases the equipment for use by the other party for a definite time period.

Auto Lease Form
Auto lease also known as car lease or vehicle lease agreement involves leasing of a vehicle for a fixed period of time.

Lease Amendment Form
Whenever the lessor and the lessee desire to change the terms of lease agreement, an amendment to lease form is used.

This Article Was Written By

Admin