Heads of Terms for Assignment of Lease
This Heads of Terms for Assignment of Lease template is designed to ensure that the assigning tenant (assignor) and assignee agree all significant points of principle before the assignor issues a draft deed of assignment.
The Heads of Terms are suitable for any type of commercial property, including shops, restaurants, offices and industrial premises. They can be used in conjunction with the Deed of Assignment templates. The Heads of Terms prompt the parties to record administrative information, such as their contact details, and details of the lease, and to set out what has been agreed in relation to the assignment, including price and timescale.
This Heads of Terms for Assignment of Lease template is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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