Use this lease assumption agreement template to create a document that allows you to transfer your lease to someone else legally and easily. The notice to the Eligible Tenants of their assignment to the Facilities shall be in substantially the form attached as.The Assignor wishes to assign the Lease to the Assignee and the Assignee desires to assume the Lease from the Assignor. All persons presently on the lease must agree to and sign the Lease Assignment Agreement.