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Updated 17 October 2025
This Lease Assignment Agreement facilitates the transfer of all rights and obligations from an existing lessee, known as the Assignor, to a new party, the Assignee, under an original lease for a specified property. The agreement details the assignment and acceptance of the lease terms, emphasizing that the landlord's written consent is a prerequisite for the assignment to be effective. It also includes standard representations, warranties, and clauses regarding governing law and binding effect.