Arkansas Agreement to Assign Lease to Incorporators Forming Corporation
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How to fill out Agreement To Assign Lease To Incorporators Forming Corporation?
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FAQ
What is assignment of a lease? The process of assignment of a lease is essentially selling the lease to a third party (the assignee). If you are a commercial property tenant, your contract likely contains a clause that allows you to assign your lease to a new tenant.
What is an assignment? To assign a lease is to transfer the legal interest to another. Meaning the incoming tenant will step into the shoes of the outgoing tenant and take on the obligations under the lease.