An assignment of lease transfers the terms of an existing lease to another person. A customer might be asked to provide a fully executed assignment of lease if he or she are purchasing a property in which the seller has an existing tenant who is remaining on the property under the terms of the current lease.
Avoid delays in processing your application
For all documents:
- Make sure the copies you send are legible.
- Do not include documents that have been altered with correction fluid or by other means.
- Submit the entire requested document and include all pages (even blank ones).
For this document
- Ensure that all applicable sections of the document have been completed.
- Make sure the document is signed and dated by all parties.