Assignment Of Lease Contract Template for India

1. Security Deposit Transfer: Terms for transferring existing security deposit, used when there is a security deposit under the original lease

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

3. Existing Modifications: Details of any modifications made to the property, included when alterations have been made

4. Third Party Consents: Additional consents required (e.g., mortgagee consent), included when third party approvals are necessary

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

6. Guarantor Provisions: Terms relating to any guarantor, included when there is a guarantor for the Assignee

1. Schedule 1 - Property Description: Detailed description of the leased property including address and boundaries

2. Schedule 2 - Original Lease: Copy or details of the original lease agreement being assigned

3. Schedule 3 - Rent and Payment Details: Breakdown of rent, payment terms, and other financial obligations

4. Schedule 4 - Inventory: List of fixtures, fittings, and equipment included in the assignment

5. Schedule 5 - Condition Report: Current condition of the property at the time of assignment

6. Appendix A - Landlord's Consent Letter: Formal written consent from the landlord

7. Appendix B - Required Certificates: Copies of relevant certificates (e.g., fire safety, occupancy)