Assignment of Commercial Lease by Tenant

Commercial tenants, assign your lease to a new tenant with this Assignment of Commercial Lease by Tenant form.

• The landlord must consent in writing to the assignment of the lease, 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.
• This is a generic legal form which is not country-specific and can be used anywhere that a prescribed form is not required.

The Assignment of Commercial Lease by Tenant template is provided in MS Word format, and is fully editable to fit your circumstances.