Landlord Consent To Assignment Of Lease In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-00241
Format:
Word; 
Rich Text
Instant download

Description

In this form, the landlord consents to the assignment of a certain lease by the current tenants. The landlord acknowledges that all covenants and conditions of the lease and amendments have been performed and observed at all times prior to the effective date of the assignment and the lease is not in default in any respect. It is also stated that the lease will be in full force and effect until it is scheduled to expire. The executed instrument must be signed in the presence of a notary public.

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FAQ

Enter without proper notice: Except in emergencies, landlords must give reasonable notice — typically 24 hours — before entering a rental unit for repairs, inspections, or showings. Entering without notice is a violation of tenant privacy and New York housing laws.

With a Landlord's Consent to Lease Assignment, landlords and property managers can give formal approval to tenants who wish to exit their lease agreement and transfer it to a new tenant before the rental term is complete.

For example, property owners in California must: Provide a copy of the rental agreement or lease to the tenant within 15 days of its execution by the tenant. Once each calendar year thereafter, upon request by the tenant, the owner or owner's agent shall provide an additional copy to the tenant within 15 days.

Landlord's assignment of a commercial lease Sometimes a commercial landlord needs to sell his property. After the new owner, or assignee-buyer, buys the property subject to existing leases, the assignor-landlord assigns the leases to the new owner, who can then collect rent.

In California, within the Business and Professions Code, Section 1995.260, the landlord cannot unreasonably withhold the consent of the tenant to assign or sublease the property.

Here's how to smoothly transfer your apartment lease: Talk to your landlord. Start early and make a plan. Promote your rental unit. Advertise key features of your rental. Coordinate showings of the property. Choosing potential candidates. Provide details and information. Handle the lease transfer.

Under state law, the owner must provide written consent before the primary tenant can “assign” (transfer) the lease to you. The owner does not need to give you a reason if he or she does not consent to the assignment. For detailed information, check out HCR Fact Sheet #7: Sublets, Assignments, and Illusory Tenancies.

Assign a Lease A tenant may not assign the lease without the landlord's written con- sent. The landlord may withhold consent without cause. If the landlord reasonably refuses consent, the tenant cannot assign and is not entitled to be released from the Lease.

A verbal agreement is also considered a valid contract and, while much harder to enforce, can constitute a lease agreement. If you're comfortable writing your own lease agreement, you can sit down at your computer and type out everything you want your tenant to agree to. You can even hand-write it if you want.

As a general principle, both assignments and subleases are allowed, and so any tenant can assign his or her lease to a third party or sublease his or her interest in the property to a third party at any time.

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Landlord Consent To Assignment Of Lease In Bronx