California Assignment of Lease by Landlord

Assign your interest as lessor in an existing business lease to a new owner with this California Assignment of Lease by Landlord form.

• The Assignment must be signed by the seller, the purchaser (new landlord), and the tenant.
• The tenant covenants to pay rent to the new landlord and continue to perform the tenant's obligations under the lease.
• The seller (assignor) and purchaser (assignee) agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• The Assignment can be used for both commercial and residential rental properties.

This California Assignment of Lease by Landlord form is downloadable and fully editable.