Common Contracts

Lease transfer agreement form

Assignment of Tenancy Agreement • August 6th, 2023

• Contract Type
  Assignment of Tenancy Agreement
• Filed
  August 6th, 2023

THIS ASSIGNMENT OF TENANCY AGREEMENT dated this [Insert date] BETWEEN: [Insert name] (the “Assignor”) – AND- [Insert name] (the “Assignee”) Background A. This is an agreement (the “Assignment”) to assign a residential tenancy agreement in real property according to the terms specified below. B. The Assignor wishes to assign and transfer to the Assignee that tenancy agreement (the “Tenancy Agreement”) dated June 11, 2020, and executed by the Assignor as tenant and by as landlord (the “Landlord”). IN CONSIDERATION OF the Assignor agreeing to assign and the Assignee agreeing to assume the Tenancy Agreement for the Premises, and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, both parties agree to keep, perform and fulfill the promises, conditions and agreements below: Premises 1. The Tenancy Agreement governs the rental of the following described premises (the “Premises”) to the Assignor: Assigned Tenancy Agreement 2. The Assignor assigns and tra