Commercial lease assignment agreement: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
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.
In the section labeled 'Operative Lease Agreement', enter the date when the original lease was executed. This establishes a reference point for all parties involved.
Next, complete the 'Assignment of Interest' section by specifying the date when Assignee will assume rights and obligations. This is vital for clarity on responsibilities.
Indicate whether Assignor will be jointly and severally liable by checking either 'SHALL' or 'SHALL NOT'. This decision impacts legal accountability under the lease agreement.
Finally, ensure all parties sign and date at the bottom of the form to validate this assignment legally.

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