Once you go into a purchase and sale agreement with your seller you need an assignment agreement to assign that to your end buyer. THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (this "Agreement") is made and entered into as of a.m.WHEREAS, Assignor wishes to assign all its rights under that certain Rental Car Concession. ("Assignment and Assumption") is made and entered into as of this ___ day of ______,. (10) Most recent statements regarding all liabilities including, but not limited to mortgages, lines of credit, loans, and credit card accounts;. The Assignor wishes to assign the Lease to the Assignee and the Assignee desires to assume the Lease from the Assignor.