Home
Forms Library
Assignment of Lease from Lessor with Notice of Assignment - Virginia

Assignment of Lease from Lessor with Notice of Assignment - Virginia 2026

Assignment of Lease from Lessor with Notice of Assignment - Virginia Preview on Page 1

See details

4.7 out of 5

42 votes

The document is an Assignment of Lease Agreement where the Assignor transfers all rights, title, and interest in a lease agreement to the Assignee. It outlines the details of the lease, including rental payments and terms, while retaining ownership of the property with the Assignor. Additionally, it includes a notice to Lessee/Tenant regarding the assignment and new payment address.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Assignment of Lease from Lessor with Notice of Assignment - Virginia

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by filling in the 'Assignor' section with the name of the current Lessor, followed by the Assignee's name in the designated field.
Enter the monthly rental payment amount and specify the due date for the next payment. Ensure these figures match those in the original lease agreement.
Complete the details regarding the original Lease Agreement, including dates and parties involved, ensuring accuracy for legal purposes.
In the assignment section, clarify that Assignee is acquiring rights only during the lease term while ownership remains with Assignor.
Both parties must sign and date at their respective sections to validate the assignment.
For the Notice of Assignment, fill in Lessee(s) names and address, directing them to make future payments to Assignee's new address.

Start using our platform today to streamline your document editing and signing process for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is Section 55.1 1251 in Virginia Code?

55.1-1251. In obtaining post-possession judgments for actual damages as defined in this section, the landlord shall not seek a judgment for accelerated rent through the end of the term of the tenancy.

What is the purpose of an assignment agreement?

Assignment agreement serves as binding documents that outline the assignments terms and conditions, including payment terms, timelines, performance expectations, and specific requirements. By docHubing a consensus on these details, both parties can minimize potential conflicts and align their expectations.

What is an assignment by lessor?

An Assignment by Lessor clause in a contract allows the lessor, or property owner, to transfer their rights and obligations under the lease to another party. This clause typically specifies the conditions under which such an assignment is permissible and any required notifications or approvals that must be obtained.

What is the purpose of an assignment of lease?

A lease assignment occurs when a tenant fully transfers their lease to another party. This is particularly important for tenants who wish to get out of their leases early due to financial issues, especially if a landlord does not allow subleases.

Do I have to give a 60 day notice in Virginia?

Notification Periods Matter: Ensure you meet the 60-day notice requirement for non-renewal or lease changes to remain compliant with Virginia law (unless your lease states 30 days). Automatic Renewal: If no action is taken, a 12-month lease automatically renews under the same terms for another 12 months.

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more

What is the 55 248.2 code in Virginia?

The Virginia Residential Landlord and Tenant Act (Act), Sections 55-248.2 through 55-248.40 of the Code of Virginia, establishes the rights and obligations of residential landlords and tenants in the Commonwealth, but only the courts can enforce those rights and obligations.

What is the purpose of an assignment of rents?

The renter in an assignment is now the new tenant and is liable under the privity of the estate because they are the tenant in possession of the property since they assumed the remainder of the lease. The original tenant is not returning in this circumstance. The original tenant is still liable, however.

Assignment of Lease from Lessor with Notice of Assignment - Virginia 2026

Here's how it works