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| ASSIGNMENT OF LEASE Whereas ____________________________________________ (the"Landlord") ____________________________________________ (the "Present Tenant") executed a lease dated __________________________ of certain premises located at _____________________________________________ (the"Premises") but the parties now wish to cancel the Lease; It is agreed as follows: 1. In return for the Tenant vacating the Premises on or before ____________________________ termination date; the Lease is cancelled effective that date and the parties will have no further obligation to each other under the lease. 2. Nothing in this agreement operates to discharge obligations and liabilities accured under the Lease up to the date of its cancellation. 3. If the tenant does not vacate the Premises on or before the Termination date, this agreement is ________________________________________. 4. This agreement binds and benefits the parties and their respective heirs, executors, administrators, personal representatives, successors, and assigns. 5. __________________________________________________________________ Executed in duplicate under seal on ________________________________. Signed, sealed, and delivered ) in the presence of: _____________________________ ___________________________ s for the Landlord The Landlord _____________________________ ___________________________ s for the Tenant The Tenant |
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| Please note this is not the actual form in its full veiw. It is presented for sample purposes only. |
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| Landlord / Tenant Matters and Agreements |
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