The Assignor wishes to assign the Lease to the Assignee and the Assignee desires to assume the Lease from the Assignor. Get to grips with assumption agreements.This simple guide explains their purpose, key elements, and how they affect your business dealings. Assignor desires to assign all of its right, title and interest in the Lease to Assignee and Assignee desires to assume Assignor's obligations under the Lease. All you have to do is fill out our easy-to-understand questionnaire. Use this lease assumption agreement template to create a document that allows you to transfer your lease to someone else legally and easily. Free Lease Assignment Agreement. Answer a few simple questions.