Commercial tenants, assign your lease to a new tenant with this Assignment of Commercial Lease by Tenant
- The landlord must consent in writing to the assignment, and a Consent of Landlord form is included.
- The assignor will remain liable to the landlord during the balance of the lease term for all amounts due under the Lease.
- By consenting to the assignment, the landlord does not give up any of its rights under the Lease.
- The assignor releases and waives all of its rights as tenant under the Lease, but is not released from any of its obligations.
The Assignment of Commercial Lease by Tenant
template is provided in MS Word format, and is fully editable to fit your circumstances.