assignmentlease assignmentShare on FacebookShare on Twitter264COMMENTSAssignment of residential lease with landlord consent—How-toAn assignment is the transfer of one party’s entire interest in and obligations under a lease to another party. The new tenant takes on the lease responsibilities, including rent and property maintenance, and the original tenant is released from most (if not all) of its duties.Free Lease Assignment Template & FAQsA Lease Assignment is a legally binding agreement that allows a tenant to transfer their lease obligations to another tenant. Lease Assignments can be useful when the original tenant needs to move and wants someone else to take over the lease.Lease Assignment Agreement: All You Need to KnowA lease assignment agreement is a legally binding contract outlining the terms and conditions of transferring a lease from one party to another in one place. This means the assignee becomes the new tenant and assumes all the rights, obligations, and liabilities under the original lease. Lease assignments are commonly used in real estate ...Free Assignment of Residential Lease Template1. ASSIGNMENT. The Original Tenant assigns to the New Tenant of all his or her rights in, and delegates to the New Tenant all of his or her obligations under, the Lease. This transfer will become effective as of (the " Effective Date "), and will continue until the present term of the Lease ends. 2. ASSUMPTION OF RIGHTS AND DUTIES.Landlord's Consent to Lease Assignment Form (US)Get Started. A Landlord's Consent to Lease Assignment is written permission from the landlord to allow the tenant to transfer the full rights of their lease to another tenant. Create your free Consent to Lease Assignment today using our easy template. Available in all states to print or download.