Assignment of Lease/Transfer lease agreement to new tenant (P105)

What is this Lease Assignment for?

This agreement template is for use where a tenant (the assignor) agrees to transfer the remainder of its lease to a third party (the assignee) in return for a fee.  It can be used for the assignment of either a lease or a sublease.  You can use this form for a commercial or  residential lease.

This Assignment of Lease is only suitable for transferring/assigning a lease that is not registered at the Land Registry and is for less than 7 years.  See our Explanatory Notes for more information. You will get these when you buy and download the document

You need this document if you are a tenant looking to transfer your lease to another person in exchange for a fee.

What detailed terms does a lease transfer agreement contain?

This four page document contains 9 clauses covering

• definitions and interpretation
• assignment
• title guarantee
• indemnity
• 1954 Act proceedings
• costs
• VAT
• rights of third parties
• applicable law

A Schedule is included, allowing users to include property title details.

For more information on each of these sections, see our Explanatory Notes which you will  receive when you download the document from our website.

You can find our full range of leases and property documents here 

When I download the document, can I change it and/or use it more than once?

Yes, all ContractStore’s templates are in MS Word.  You can alter it  and you can use the document on more than one project in your business. For more information, watch the video on this page of our website or see our FAQs

Legal support

ContractStore supplies templates and is not a law firm.  But all our templates are written by experienced lawyers so we can arrange legal assistance for customers who need special terms in one of our documents or a bespoke template.  For more information see our Legal Services page.