Document background
The Assignment Of Lease From Seller To Buyer is a crucial document in Singapore's property market, used when a lessee wishes to transfer their leasehold interest to another party before the lease expires. This document is essential for commercial and residential property transactions in Singapore, requiring compliance with local property laws and often needing landlord consent. It must detail the original lease terms, assignment conditions, consideration, and both parties' obligations. The document typically requires registration with relevant authorities and may be subject to stamp duty under Singapore law.
