Lease Assignment And Assumption Agreement Template for United Arab Emirates

1. Security Deposit Transfer: Terms for transferring existing security deposit or arranging new deposit - include if there is an existing security deposit

2. Outstanding Obligations: Handling of any existing rent arrears, maintenance obligations, or other liabilities - include if there are outstanding issues

3. Condition of Premises: Current state of the premises and any ongoing maintenance issues - include if there are property condition concerns

4. Broker Provisions: Terms relating to any broker involvement and fees - include if brokers are involved

5. Third Party Consents: Additional required consents beyond landlord (e.g., mortgagee) - include if third party approvals are needed

6. Post-Assignment Procedures: Specific steps required after assignment (utility transfers, etc.) - include if specific transition requirements exist

7. Guarantees: Terms relating to any existing or new lease guarantees - include if guarantees are involved

1. Original Lease: Copy of the original lease agreement and any amendments

2. Premises Details: Detailed description of the leased premises including floor plans and photographs

3. Rent and Payment Schedule: Details of current rent, payment dates, and any scheduled increases

4. Inventory: List of any fixtures, fittings, or equipment included in the lease

5. Condition Report: Current condition assessment of the premises

6. Required Consents: Copies of all required consents and approvals

7. Registration Documents: Forms and documents required for registering the assignment with relevant authorities