Form Overview
The Assignment of Lease documents a leasing arrangement between Landlord and Tenant, with Tenant proposing to assign such lease to Assignee. The language of assignment is complete and comprehensive, with Assignee agreeing to assume the obligations of Assignor as Tenant under the original lease. As part of the Assignment, Assignor represents and warrants the legal authority to assign the Lease, thereby precluding Landlord approval. The Assignment gives Assignor a breach of contract claim against Assignee for any breach of the original Lease, but does not protect Assignor from any Landlord contract claim in connection with such breach. You can find answers to your questions using our extensive library of
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