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In others, such as California, the law dictates that unless the lease specifically states otherwise, lease transfers are permitted.
No it is not. It is not a good idea for either the person leasing the vehicle nor the person who would be taking over the lease. In either way you have a legally binding contract for services relative to that vehicle which is in one persons name but the responsibility for payment would be shifted to another.
A notice of assignment of lease, which is a form signed by both the assignor-landlord and the assignee, or new landlord, is one way to give notice. Another way is to send a letter on the landlords letterhead. Either way, the notice must include the new landlords address and how rent is to be paid.
Transferring a lease is known as assigning a lease. The tenant (lessee) is the assignor of the lease and the proposed new tenant is the assignee. You must ask the landlord in writing for consent to transfer (assign) the lease. When transferring a lease to a new tenant, these documents are required: lease.
Get the landlords consent You must include the landlord or property manager, and most likely get written permission to go ahead with the lease takeover. Most landlords will write into the original rental agreement rules for a lease transfer, and its up to the current renter to follow those rules.
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