Assignment of Lease review

Assignment of a commercial or residential lease with landlord consent and assignee assumption.

Review your document — free → See a sample report

7 document-specific checks
+ 118 general checks
Nothing uploaded
Free forever (MIT)

What it checks

Assignor / assignee / lease identification

Assignment must identify assignor, assignee, and the underlying lease.

Critical · RE-054

Landlord consent

Most commercial leases require landlord consent to assignment; the assignment should evidence that consent.

Critical · RE-055

Assumption of obligations by assignee

Assignee should expressly assume all tenant obligations under the lease.

Critical · RE-056

Release of assignor (or continuing liability)

Assignment should address whether assignor is released or remains liable.

Warning · RE-057

Effective date of assignment

Assignment must state an effective date.

Critical · RE-058

Security deposit / prepaid rent transfer

Assignment should address transfer of security deposit and any prepaid rent.

Warning · RE-059

Recording / notice to mortgagee

Lease assignments may need to be recorded (memorandum of lease was recorded) and / or noticed to mortgagee under SNDA.

Note · RE-060

Every run also applies 118 general checks that belong to any agreement: structure, parties and signatures, defined terms, cross-references, dates, amounts, and one-sided terms.

How it works

Open vaulytica.com — no account, nothing to install.
Drop your PDF or DOCX, or paste the text. The document type is detected and only the checks that belong to it run, inside your browser tab.
Get a Word report in which every finding quotes the clause and cites the rule and source behind it — one of 1,946 checks across 286 document types.

Review your document — free →