Assignment of Lease with Notice

ASSIGNMENT OF LEASE AGREEMENT

WITH NOTICE OF ASSIGNMENT

FOR VALUE RECEIVED, the receipt and sufficiency of which are hereby

acknowledged, the undersigned,_______________________ , “Assignor”, Lessor of that certain lease agreement described below, does hereby grant, bargain, sell, convey and assign unto __________________ , “Assignee”, all his/her right, title and interest in and to said Lease Agreement. The monthly rental payments as provided in said lease agreement are __________________ per month with the next payment being due on the ____ day of ____________ , 20____.

Lease Agreement executed by __________________, “Lessor”, and _________________________, “Lessee”, concerning premises located at __________________________________________________, and provided for lease payments of ________________ per month, dated the ____ day of ____________, 20___. Payments commenced on the  ____ day of ___________, 20___  and end at the termination of the lease on the ____ day of _____________, 20____.

Assignee is further assigned all rights and obligations of Lessor in the Lease subject to the laws of the State of _____________ relating to Landlord’s and Tenants. Assignee is only acquiring the rights of Lessor during the term of the lease assigned and all rights in the real estate, including ownership of same, is retained by Assignor.

NOTICE OF ASSIGNMENT

Lessee,_______________________ , of said Lease Agreement is hereby advised that the above referenced Lease Agreement has been assigned to ______________________, Assignee, and Lessee is hereby directed to make all future rental payments to Assignee at the following address:

________________________________

________________________________

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IN WITNESS WHEREOF, the undersigned has caused this instrument to be executed on this the ____ day of _____________ , 20____ .

___________________________

Assignor

___________________________

Assignee

State Specific Real Estate Forms

–For State Specific Real Estate Forms you can download in Word format, go to http://www.uslegalforms.com/realestate/


Inside Assignment of Lease with Notice