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Landlord's Consent to Assignment

- The Landlord's Consent To Assignment is used when a landlord agrees to the assignment of the tenant's interest in the lease to a new tenant.  This form may be used with either a commercial or residential tenant.
- Tenants sometimes arrange to assign their interest in a lease to a new tenant (an "assignee"), particularly in longer commercial leases.  The tenant may have found more suitable space, may be relocating to another city, or may be going out of business.  In any event, the tenant may arrange for a new party to take over its interest in the lease in an effort to reduce liability.
- The tenant should discuss the issue of assignment with the landlord first.  Otherwise, a tenant may be surprised to find that the landlord refuses to give consent to the assignment.  The landlord is not required in all circumstances to give its consent, even to a new tenant that is ready, willing and financially able to complete the lease.
- Attach a copy of the original written lease agreement, with all amendments and modifications, to the Landlord's Consent To Assignment.  It is customary to prepare three copies of the Landlord's Consent To Assignment, one for the original tenant, one for the assignee (the new tenant), and one for the landlord.
- In most cases, the tenant remains responsible for the performance of the lease obligations after assignment.  The original tenant is customarily relieved of liability if the lease is extended or renewed by the assignee.

When You Need It
- Used by the landlord to give consent to a tenant's assignment (transfer) of a lease to another person or company.

Getting Started

You will need:
- Name and address of the tenant.
- Name and address of the landlord.
- Description of the leased premises.
- Name and address of the person to whom the lease is being assigned.

When to Review and Revise 
- To correct the information contained in the consent. 
- To draft another Landlord's Consent to Assignment.