Canadian Lease Assignment Agreement
Preview document - "ASSIGNMENT OF LEASE WITH CONSENT OF LANDLORD"
Frequently Asked Questions
Who is the assignor?
A person, company or entity who transfers rights they hold to another entity. The assignor transfers to the assignee. For example, a party (the assignor) that enters into a contract to sell a piece of property can assign the proceeds, or benefits of the contract, to a third party (the assignee).
Who is the assignee?
The assignee is the person who receives the Lease interest from the original tenant (the assignor), and who becomes the new tenant.