Can a landlord refuse to consent to assign a lease?

The assignment provision in the lease may also provide that the landlord can refuse consent in certain circumstances, such as, if, in the landlord's reasonable opinion, the incoming tenant is not of sufficient financial standing to enable it to comply with the tenant's covenants and conditions contained in this lease.

US Legal Forms
Localized Forms
Texas
Tarrant
Assignment of Lease and Assumption of Lessee's Obligations with...

Tarrant Texas Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor

Name: Tarrant Texas Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor
Brand: US Legal Forms
Rating: 4.85 (209 reviews)

Category:

Landlord Tenant - Assignments

State:

Multi-State

County:

Tarrant

Control #:

US-00843BG

Format:

Instant download

Description

An assignment is a transfer of rights that a party has under a contract to another person, called an assignee. The assigning party is called the assignor. This form is a sample of an assignment of a lease to real estate and the assumption by assignee of the obligations of the lessee under the lease. The last part of this form is a consent of lessor to the assignment.

View Kings Second Notice to Debt Collector of False or Misleading Misrepresentations in Collection Activities - Failure to Disclose to Debtor in Subsequent Communication that Letter Requesting Information Regarding Alleged Debt was from a Debt Collector

View this form

View Kings Letter Informing Debt Collector of False or Misleading Misrepresentations in Collection Activities - False Representation or Implication that the Debt Collector is Vouched for, Bonded by, or Affiliated with the United States

View this form

View Kings Letter Informing Debt Collector of False or Misleading Misrepresentations in Collection Activities - False Representation or Implication that the Debt Collector is an Attorney or that Communication is From an Attorney

View this form

View Kings Letter Informing Debt Collector of False or Misleading Misrepresentations in Collection Activities - Using a Business Name Other Than the True Name of the Debt Collector's Business

View this form

View Kings Letter Informing Debt Collector of False or Misleading Misrepresentations in Collection Activities - Falsely Representing or Implying that a Debt Collector Operates or is Employed by a Consumer Reporting Agency

View this form

How to fill out Tarrant Texas Assignment Of Lease And Assumption Of Lessee's Obligations With Consent Of Lessor?

A document routine always accompanies any legal activity you make. Creating a company, applying or accepting a job offer, transferring ownership, and lots of other life situations require you prepare formal documentation that differs throughout the country. That's why having it all collected in one place is so valuable.

US Legal Forms is the most extensive online collection of up-to-date federal and state-specific legal forms. Here, you can easily find and get a document for any personal or business purpose utilized in your county, including the Tarrant Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor.

Locating templates on the platform is amazingly straightforward. If you already have a subscription to our service, log in to your account, find the sample using the search field, and click Download to save it on your device. Afterward, the Tarrant Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor will be available for further use in the My Forms tab of your profile.

If you are dealing with US Legal Forms for the first time, adhere to this simple guideline to obtain the Tarrant Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor:

Ensure you have opened the correct page with your regional form.
Make use of the Preview mode (if available) and browse through the sample.
Read the description (if any) to ensure the template satisfies your requirements.
Search for another document using the search tab if the sample doesn't fit you.
Click Buy Now when you locate the necessary template.
Select the appropriate subscription plan, then log in or create an account.
Choose the preferred payment method (with credit card or PayPal) to proceed.
Choose file format and save the Tarrant Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor on your device.
Use it as needed: print it or fill it out electronically, sign it, and file where requested.

This is the simplest and most trustworthy way to obtain legal paperwork. All the samples provided by our library are professionally drafted and verified for correspondence to local laws and regulations. Prepare your paperwork and manage your legal affairs effectively with the US Legal Forms!

Form Rating

4.85

Satisfied(209)

Form popularity

FAQ

The landlord must consent to the assignment of the lease prior to the assignment. For example, Jake is renting a commercial property for his business from Paul for two years beginning January 2013 up until January 2015.

An assignment is the transfer of the a party's entire interest in a lease. When a tenant assigns its lease, the assignee takes over the tenant's obligations under the lease and deals directly with the landlord.

What is a Lease Assumption Agreement? If you need to leave a rental property before the lease is up, a Lease Assumption Agreement allows another tenant to assume your responsibilities under the lease.

A landlord cannot unreasonably or arbitrarily refuse consent to an assignment of a rental unit to a potential assignee.

Consent to assignment refers to allowing a party of a contract to assign a contract and move the obligations to another party. The party of the existing contract, known as the assignor, will pass on the contract to another party, known as the assignee.

An assignment and assumption of lease is a legal real estate document that allows one party to transfer rights and obligations of a lease to another party. Often used in real estate transactions and mortgage lending, the assignment and assumption of lease agreement requires the landlord to consent to move forward.

The assignment provision in the lease may also provide that the landlord can refuse consent in certain circumstances, such as, if, in the landlord's reasonable opinion, the incoming tenant is not of sufficient financial standing to enable it to comply with the tenant's covenants and conditions contained in this lease.

Lenders who sell mortgages, which is most of them, assign their mortgages to others, who become the owners of the loans. Mortgage assumption occurs when a homebuyer assumes the home seller's existing loan, making all future payments. Buyers become the new mortgage borrowers.

An assignment ensures the complete transfer of the rights to the property from one tenant to another. The assignor is no longer responsible for rent or utilities and other costs that they might have had under the lease. Here, the assignee becomes the tenant and takes over all responsibilities such as rent.

Also referred to as an assignment and assumption, an assignment and assumption agreement is an agreement that is established when one party of a contract wishes to transfer his or her contractual obligations and rights to another party.

Interesting Questions

More info

Under the terms of the deed, TAB assigned Regency all the tenant leases. The board passed a motion to approve the consent agenda in one action item.

Tarrant Texas Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor

Description

Related forms

How to fill out Tarrant Texas Assignment Of Lease And Assumption Of Lessee's Obligations With Consent Of Lessor?

Show more info

Form Rating

Form popularity

FAQ

Who must provide consent when a tenant assigns his/her lease?

What is the difference between a lease and an assignment?

What is an assumption of lease?

Can a landlord refuse a lease assignment Ontario?

What is a consent to assignment?

What is an assignment and assumption of lease agreement?

Can a landlord refuse to consent to assign a lease?

What is the difference between assumption and assignment in real estate?

What is the purpose of an assignment of lease?

Is assumption the same as assignment?

Interesting Questions

What does the Tarrant Assignment of Lease and Assumption of Lessee's Obligations with Consent of Lessor mean?

What is the purpose of this assignment and assumption?

Do I need the consent of the landlord to assign my lease?

What happens if the landlord refuses to give consent?

Can the landlord ask for any conditions or requirements before giving consent?

What are some common conditions that a landlord may request?

More info

Trusted and secure by over 3 million people of the world’s leading companies