Lease transfer form is a document which is used to start the process of lease transfer from one tenant to a new one. There are times when a tenant is not able to continue the lease for the whole term as he may have to leave the city or due to any other reason. Because of this he transfers the lease to another individual’s name as a result of which he does not have to pay the rest of the rent of the remaining months and the new tenant also gets a place to live. By signing this form, the original and new tenant give their information and formally apply for the lease transfer.
Sample Lease Transfer Form:
This document is presented before the court by Jake Holmes [henceforth referred to as the landlord] on February 14, 2012, in order to request permission for transferring leasing an apartment from Joana Lawson [henceforth referred to as the tenant] to Libby Jones [henceforth referred to as the replacement tenant] for a period of 5 months. The date of commencement of the apartment lease thereby stands on February 14, 2012 and the date of termination is July 14, 2012. The location of the said apartment is 32 East end Drive, New Jersey and the replacement tenant shall be required to pay a security deposit of $10,000 to the tenant, which was originally paid by the tenant to the landlord.
All terms and conditions has been carefully read and understood by the parties concerned.
Signature of tenant: _______________________________
Signature of replacement tenant: _______________________________
Signature of landlord: _____________