Use this do-it-yourself Word 2007 form to prepare an agreement that assigns the landlord’s rights under a lease to an LLC owned by the original landlord.
Assignment of Lease
$67.00
Description
This Assignment and Assumption of Lease legal form is used to assign the rights of a landlord under a lease to a limited liability company owned by the landlord. The agreement also causes the LLC to assume all of the obligations of the landlord under the lease and to indemnify the original landlord if any claims arising from the lease are made by the tenant against the original landlord. The document is in Word 2007 format and you must edit it for your specific situation.
When is This Document Needed?
This document is needed only when an owner or owners of Arizona real property lease the land to a tenant and transfer the real property to a limited liability company after signing the lease.
Disclaimer: If you purchase this form, you are buying a product from Richard Keyt and KEYTLaw, LLC. (collectively the “Firm”), and you are not hiring the Firm to provide any legal services or legal advice or represent you in any capacity. If you modify the form in any way, you are solely responsible for the legal affect of the changes you make. The form is drafted to comply only with Arizona law because Arizona is the only state where Richard Keyt is licensed to practice law. Do not use this document in any state other than Arizona without first having it reviewed and modified as necessary by an experienced attorney in the state where you intend to use the form. The Firm makes no representations or warranties of any kind with respect to this form. The Firm disclaims all warranties for fitness for a particular purpose.
