lease transfer

Tenancy rights handoff

A lease transfer is the process of moving a rental agreement from one tenant to another, with the new tenant assuming the original lease terms.

Common with apartments and car leases, it lets someone exit a lease early without breaking it: We found someone willing to do a lease transfer so we could move for the job.

The new tenant takes over payments and responsibilities for the remainder of the term.

Related

rental · agreement · handover · property · apartment · assignee · takeover · contract · occupancy · relocation · sublet · renter · novation · security deposit · deposit · keys · signing · move out

Opposites
continuity of tenancy

lease transferlease termination

Ending a rental agreement

eviction · lease renewal · abandonment · contract breach · lease violation

lease action type

lease transferlease signing

Formalizing a rental agreement

lease renewal · new lease · lease extension

Family

lease, transfer, leases, leased, leasing, lessor, lessee, leasehold, transfers

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