Assignment Of Lease Agreement Template for United Arab Emirates

1. Security Deposit Transfer: Terms for transferring the existing security deposit, used when there is a security deposit to be transferred between parties

2. Outstanding Charges: Provisions dealing with any pending rent, utilities, or maintenance charges, included when there are outstanding payments

3. Condition of Premises: Details of property condition and any existing damage, included for properties with specific condition issues

4. Guarantees: Terms relating to any guarantees or warranties, included when additional security is required

5. Break Clause: Provisions for early termination rights, included when parties want flexibility to end the assignment

6. Fit-out Works: Details of any ongoing or planned modifications, included for commercial properties with specific fit-out requirements

1. Schedule 1 - Original Lease: Copy or key terms of the original lease agreement being assigned

2. Schedule 2 - Property Details: Detailed description of the leased property including floor plans and specifications

3. Schedule 3 - Inventory: List of any fixtures, fittings, or equipment included in the lease assignment

4. Schedule 4 - Outstanding Payments: Details of any rent arrears, utility bills, or other charges to be settled

5. Appendix A - Required Consents: Copies of landlord's consent and any other required authorizations

6. Appendix B - Registration Requirements: Checklist of documents required for registering the assignment with relevant authorities