Commercial Lease Assignment from Tenant to New Tenant - Michigan 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the names of the Landlord, Assignor (former Tenant), and Assignee (new Tenant) in the designated fields. Ensure accuracy as these parties are crucial for the assignment.
3. Fill in the date of execution for this agreement at the top of the form. This date is important for legal purposes.
4. In Section 1, provide details about the Operative Lease Agreement, including its execution date and any attachments that reference it.
5. For Section 2, confirm the assignment of interest by specifying when Assignee will assume rights and obligations under the lease. Fill in the start date clearly.
6. In Section 3, indicate whether Assignor will be jointly and severally liable by checking the appropriate box. This decision impacts liability for unpaid rent.
7. Finally, ensure all parties sign and date at the bottom of the form to validate this Commercial Lease Assignment.

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