Assignment of Lease

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Taking over a lease — or handing yours off? PaperKit drafts a proper Assignment of Lease. The current tenant (assignor) transfers the remaining term and obligations to a new tenant (assignee): premises, underlying lease facts, an assignment fee with rent & deposit proration, and — the key choice — whether the assignor is fully released on the landlord's consent or stays secondarily liable through the term. Optional Landlord's Consent block. Hosted online for the assignee to review & e-accept. Clean PDF.

Assignor (current tenant)

The party giving up the lease — you fill this out.

Assignor name *

Legal entity (optional)

Signer name

Signer title

Assignor email (optional)

Notice address (optional)

Assignee (new tenant)

The party taking over the lease — they'll e-accept online.

Assignee name

Entity type (optional)

Authorized signer

Signer title

Assignee email (optional)

Assignee phone (optional)

Assignment type

This is the big lever — does the current tenant get off the hook, or stay on it?

On the landlord's consent, the current tenant walks away clean — the new tenant is solely liable.

Include a Landlord's Consent block (most leases require the landlord to consent)

Landlord name

Landlord signer (optional)

The lease being assigned

Property address

Premises description (suite / sq ft)

Original lease date

Assignment effective date

Lease commencement

Lease expiration

Current rent

Rent period

Money & deposit

Assignment fee / consideration

Security deposit under the lease

Consideration note (optional)

Transfer the existing deposit to the assignee (unchecked = refunded to assignor; assignee posts its own)

Legal

Governing law (optional)

Additional terms (optional)

Live preview

A real, section-by-section assignment of lease. The assignment type drives the release / continuing-liability section. Publish to get a hosted link the assignee can e-accept online.

Enter the assignor name…

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Generated documents are templates for convenience, not legal advice, and PaperKit is not a law firm. Most leases require the landlord's written consent to an assignment, and assignment law varies by state — review the assignment and consult a qualified attorney.