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Lease Assignment Agreement Template for Germany

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Key Requirements PROMPT example:

Lease Assignment Agreement

"I need a Lease Assignment Agreement under German law for transferring a commercial office lease in Munich, where my tech company (as current tenant) wants to assign the lease to another company from March 1, 2025, with specific provisions for transferring installed IT infrastructure."

Document background
The Lease Assignment Agreement is a crucial document used when an existing tenant wishes to transfer their lease rights and obligations to a new tenant under German law. This type of agreement is commonly required in situations where a tenant needs to exit a lease early, during business restructuring, or when transferring commercial premises. The document must comply with the German Civil Code (BGB) requirements, particularly regarding form requirements and the necessity of landlord's consent. It includes detailed provisions about the transfer of rights, obligations, security deposits, and any existing liabilities. The agreement is essential for protecting all parties' interests and ensuring a smooth transition of the lease, while maintaining legal compliance with German property and contract law requirements.
Suggested Sections

1. Parties: Identification of the Current Tenant (Assignor), New Tenant (Assignee), and Landlord

2. Background: Details of the existing lease agreement and the reason for assignment

3. Definitions: Key terms used throughout the agreement including Property, Existing Lease, Assignment Date, etc.

4. Assignment: Core provision transferring the lease from Assignor to Assignee

5. Effective Date: Specification of when the assignment takes effect

6. Landlord's Consent: Documentation of the landlord's approval of the assignment

7. Assignor's Warranties: Confirmations regarding the status of the lease and no existing defaults

8. Assignee's Covenants: New tenant's commitments to comply with lease terms and obligations

9. Rent and Deposits: Handling of rent payments, security deposits, and other financial matters

10. Handover Provisions: Process for transferring possession and keys

11. Notices: Communication procedures between parties

12. Governing Law: Confirmation of German law application and jurisdiction

Optional Sections

1. Existing Violations: Required if there are any known violations or disputes that need to be addressed

2. Property Improvements: Include if the current tenant has made modifications that need to be addressed

3. Commercial Terms: Required for commercial property assignments with specific business provisions

4. Utilities and Services: Include if there are special arrangements for utilities that need to be transferred

5. Insurance: Required if specific insurance arrangements need to be transferred or established

6. Break Clause: Include if special termination rights are being transferred

7. Property Management: Required for properties with management companies or special maintenance arrangements

8. Data Protection: Include if significant personal data processing is involved in the assignment

Suggested Schedules

1. Schedule 1 - Original Lease: Copy of the existing lease agreement and any amendments

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

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

4. Schedule 4 - Condition Report: Current condition of the property at time of assignment

5. Schedule 5 - Outstanding Repairs: List of any pending maintenance or repair issues

6. Appendix A - Landlord's Consent Form: Formal documentation of landlord's approval

7. Appendix B - Handover Protocol: Detailed procedure for the physical handover of the property

8. Appendix C - Utility Readings: Record of meter readings and utility account transfers

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions








































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Relevant Industries

Real Estate

Commercial Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Manufacturing

Logistics

Warehousing

Professional Services

Relevant Teams

Legal

Real Estate

Operations

Facilities Management

Asset Management

Property Management

Risk & Compliance

Contract Administration

Corporate Services

Tenant Relations

Relevant Roles

Real Estate Manager

Property Manager

Facility Manager

Legal Counsel

Corporate Lawyer

Tenant Relations Manager

Asset Manager

Operations Director

Commercial Property Manager

Lease Administrator

Contract Manager

Business Relocation Manager

Real Estate Director

Compliance Officer

Risk Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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