Commercial Lease Assignment from Tenant to New Tenant - Oregon 2025

1. Click ‘Get Form’ to open it in the editor.
2. Begin by filling in the names of the Landlord, Assignor (former Tenant), and Assignee (new Tenant) at the top of the form. Ensure accuracy as these parties are crucial for the assignment.
3. In the section labeled 'Operative Lease Agreement', enter the date when the original Lease Agreement was executed. This is important for establishing the timeline of obligations.
4. Next, specify the address of the leased premises. This helps clarify which property is being assigned.
5. For 'Assignment of Interest', indicate the start date when Assignee will assume rights and obligations under the lease. This marks a transition point for responsibilities.
6. In 'Joint and Several Liability of Assignor', select whether Assignor will be jointly liable or not by checking the appropriate box. This decision impacts legal accountability.
7. Finally, ensure all parties sign and date at the bottom of the form to validate this agreement.

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