Subject: Acknowledgment of Lease Transfer Notification — King Washington Property Dear [Tenant’s Name], I hope this letter finds you well. We are writing to acknowledge receipt of your notification regarding the transfer of your lease agreement for the King Washington Property, as outlined in our records. We greatly appreciate your prompt communication regarding this matter. First and foremost, we would like to congratulate you on successfully finding a suitable tenant to assume the responsibilities and obligations of your lease arrangement for an agreed-upon transfer date. We understand that Lease Transfers are governed by specific clauses in the original lease agreement, and we kindly request you to ensure that all requirements pertaining to the transfer are met. As per our records, the lease transfer request for the King Washington Property includes the following details: 1. Tenant Information: a) Original Tenant’s Name: [Your Name] b) New Tenant’s Name: [New Tenant’s Name] c) New Tenant’s Contact Information: [New Tenant’s Address, Phone Number, Email] 2. Lease Transfer Information: a) Current Lease Start Date: [Original Lease Start Date] b) Current Lease End Date: [Original Lease End Date] c) Transfer Date: [Agreed-upon Transfer Date] Please note that we, as the property management, reserve the right to approve or decline the lease transfer request. We will review the provided information and new tenant’s credentials thoroughly to ensure they meet the established criteria for tenancy. We will notify you in writing of our decision within [number of days] from the date of this acknowledgment letter. Once the lease transfer is approved, it is crucial that you and the new tenant fulfill certain obligations to ensure a smooth transition. Some key requirements include: 1. Signing an Addendum: Both parties must sign an amended lease agreement or an official lease transfer addendum. This document will formally acknowledge the transfer and outline any new terms, if applicable. 2. Security Deposit: The new tenant may be required to submit a security deposit before or at the time of the transfer. Any discussions or arrangements regarding the security deposit should be handled directly between you and the new tenant. 3. WeTransfer Inspection: It is recommended that you, as the original tenant, conduct a thorough inspection of the property before the transfer to document the condition of the premises. This assessment will serve as the basis for any security deposit claims upon lease termination. We encourage you to familiarize yourself with the specific lease transfer procedures stated in your original lease agreement. Should you have any queries or concerns regarding this process, we encourage you to reach out to us promptly, and our team will be glad to assist you. Thank you for promptly notifying us of your intent to transfer the lease for the King Washington Property. We appreciate your cooperation throughout this transition and aim to make the entire process as seamless as possible for all parties involved. We will be in touch shortly to provide further updates or request any additional information deemed necessary. Best regards, [Your Name] [Property Management Company] [Contact Information]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.