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If you need to break your lease early in New York, you can transfer the remainder of your lease term to a replacement tenant. Check your landlord's policies. ... Start looking for a qualified tenant. ... Review your applicant's information. ... Prepare a lease assignment agreement for New York. ... Send the application to your landlord.

tomonth tenancy may be terminated by either party. If the landlord plans to terminate, they must give notice on the same timeline as terminating nonregulated leases (as described on the previous page). Outside of New York City, the tenant must give one month's notice to terminate the tenancy.

You will need to draft a lease assignment agreement and then you and your applicant will need to sign it. Any lease assignment agreement should also allow the landlord to sign it in order to give you consent, and should include a clause that releases you from the lease upon the assignment.

Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.

If the old tenant suddenly decides they want to move back in, they can't?the apartment is no longer theirs to live in. Also critical: in a typical assignment, the old tenant cannot be sued by a landlord if the new tenant does not pay rent. This is one of the biggest differences between an assignment and a sublease.

The process of assignment of a lease is essentially selling the lease to a third party (the ?assignee?). If you are a commercial property tenant, your contract likely contains a clause that allows you to assign your lease to a new tenant.