Landlord consent to assignment of lease
Use the encloseddocument to consent to your tenant’s assignment of his or her lease interest.
Many contracts include provisions indicating that they (and the responsibilities that accompany them) cannot be assigned without the written permission of one or both parties. In most lease agreements, for example, tenants are not permitted to assign their interests without the prior written consent of their landlord. In real estate transactions, it is essential that all exchanges and transfers be detailed on paper – in some cases, these may not be valid unless they have been memorialized in writing. Use the enclosed document to consent to your tenant’s assignment of his or her lease interest. Successful property management begins with good documentation, and a properly drafted and executed consent will ensure that all parties – new and old – understand the obligations that are being transferred and the responsibilities that they will have.
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