tiktok³ÉÈË°æ

All Countries
Commercial Lease Assignment

Commercial Lease Assignment Template for Australia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Commercial Lease Assignment

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Commercial Lease Assignment

"I need a Commercial Lease Assignment for transferring my retail clothing store lease to a new tenant who's buying my business, with the assignment planned for March 1, 2025; the landlord has already given in-principle approval but requires additional security from the incoming tenant."

Celebrated by
Collaborations with
Investors
Document background
A Commercial Lease Assignment is required when an existing commercial tenant wishes to transfer their lease to another party in Australia. This typically occurs during business sales, corporate restructures, or when a tenant needs to exit a lease early. The document must comply with relevant state-specific property and retail leasing laws, and requires the landlord's formal consent. It addresses key aspects including the transfer of lease obligations, security arrangements, outstanding liabilities, and premises handover procedures. The assignment document should be tailored to reflect specific requirements of the relevant state or territory jurisdiction, particularly regarding retail lease legislation where applicable. It's essential to include provisions that protect all parties' interests and clearly define the transition of responsibilities from the existing tenant to the new tenant.
Suggested Sections

1. Parties: Identifies all parties: Landlord, Assignor (existing tenant), and Assignee (new tenant)

2. Background: Recitals explaining the existing lease arrangement and intention to assign

3. Definitions: Defines key terms including 'Lease', 'Assignment Date', 'Premises', and other relevant terms

4. Interpretation: Rules for interpreting the document including references to time, currency, and statutory provisions

5. Consent to Assignment: Landlord's formal consent to the assignment and any conditions attached

6. Assignment: Core provisions affecting the transfer of lease rights and obligations from Assignor to Assignee

7. Assignee Covenants: Assignee's direct covenants with the Landlord to perform lease obligations

8. Assignor Release: Terms of release for the Assignor from future lease obligations

9. Assignment Date and Handover: Specific provisions about when the assignment takes effect and premises handover

10. Rent and Outgoings: Arrangements for apportioning rent, outgoings, and other payments

11. Security Deposit/Bank Guarantee: Arrangements for replacement or transfer of security

12. Costs and Stamp Duty: Responsibility for legal costs, registration fees, and stamp duty

13. Notices: How and where notices under the assignment must be given

14. Governing Law: Specifies Australian law and relevant jurisdiction

15. Execution: Formal execution blocks for all parties

Optional Sections

1. Guarantor Provisions: Required when there are guarantors for either the Assignor or Assignee

2. GST: Detailed GST provisions if not covered in the original lease

3. Outstanding Breaches: Needed if there are existing breaches that need to be addressed

4. Assignor Ongoing Obligations: Required if Assignor retains any ongoing obligations post-assignment

5. Fit-out and Alterations: Needed if there are specific arrangements about existing fit-out or planned alterations

6. Environmental Matters: Required for premises with specific environmental considerations or compliance requirements

7. Intellectual Property: Needed if the assignment involves transfer of any IP rights related to the premises

Suggested Schedules

1. Schedule 1 - Original Lease Details: Copy or summary of key original lease terms

2. Schedule 2 - Premises Plan: Plan showing the leased premises

3. Schedule 3 - Assignee Details: Detailed information about the Assignee including corporate information and business experience

4. Schedule 4 - Special Conditions: Any special conditions specific to this assignment

5. Schedule 5 - Condition Report: Current condition of premises at assignment

6. Appendix A - Copy of Original Lease: Complete copy of original lease and any variations

7. Appendix B - Assignee's Bank Guarantee/Security: Copy of new security documents

8. Appendix C - Required Consents: Copies of any third-party or statutory consents required

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions














































Clauses



































Relevant Industries

Retail

Commercial Property

Industrial

Hospitality

Healthcare

Professional Services

Manufacturing

Warehousing and Logistics

Education

Technology

Relevant Teams

Legal

Property Management

Operations

Finance

Compliance

Real Estate

Facilities Management

Risk Management

Corporate Services

Administration

Relevant Roles

Property Manager

Commercial Leasing Manager

Legal Counsel

Corporate Lawyer

Real Estate Manager

Facilities Manager

Operations Director

Chief Financial Officer

Business Owner

Asset Manager

Retail Manager

Company Secretary

Property Portfolio Manager

Tenant Representative

Compliance Officer

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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Assignment In Lease Agreement

An Australian law-governed agreement that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord consent.

find out more

Assignment Of Membership Interest

An Australian legal document facilitating the transfer of business membership interests from one party to another, governed by federal and state legislation.

find out more

Confirmatory Patent Assignment

An Australian legal document confirming a previous patent rights transfer between parties, including detailed patent information and ownership warranties.

find out more

Money Transfer Contract

An Australian law-governed agreement for money transfer services, ensuring regulatory compliance and defining service terms.

find out more

Transfer Of Service Agreement

An Australian legal agreement governing the transfer of services between providers, ensuring compliant transition of operations, personnel, and obligations.

find out more

Transfer Copyright Ownership Contract

An Australian law-compliant agreement that transfers full copyright ownership from one party to another, including all associated rights and obligations.

find out more

Transfer Agency Agreement

An Australian-law governed agreement between a company and transfer agent for managing shareholder records and securities transfers, complying with local regulatory requirements.

find out more

Employee Transfer Agreement

An Australian law-compliant agreement facilitating the transfer of employment between employers while preserving employee rights and entitlements.

find out more

Car Ownership Transfer Agreement

An Australian legal agreement documenting the transfer of vehicle ownership between parties, ensuring compliance with federal and state vehicle transfer requirements.

find out more

Business Asset Transfer Agreement

An Australian law agreement governing the transfer of business assets between entities, detailing terms, conditions, and completion requirements.

find out more

Technology Transfer Contract

An Australian law-governed agreement for transferring technology, IP rights, and technical know-how between parties, including implementation and commercial terms.

find out more

Source Code Transfer Agreement

An Australian law-governed agreement for transferring ownership and rights of software source code between parties, including delivery and acceptance provisions.

find out more

Simple Business Sale Agreement

An Australian legal agreement for the straightforward sale and purchase of a business, outlining key terms and conditions of the transfer.

find out more

Real Estate Transfer Agreement

An Australian legal document facilitating property ownership transfer between parties, compliant with federal and state property laws.

find out more

Partial Assignment Of Lease

An Australian legal document that enables the transfer of part of a lease's rights and obligations from an existing tenant to a new tenant while maintaining some rights with the original tenant.

find out more

Note Transfer Agreement

An Australian law-governed agreement facilitating the transfer of notes or debt instruments between parties, ensuring regulatory compliance and protecting all parties' interests.

find out more

Interest Transfer Agreement

An Australian law-governed agreement facilitating the transfer of legal or beneficial interests between parties, compliant with federal and state regulations.

find out more

Business Sales Agreement Contract

An Australian law-governed agreement documenting the terms and conditions for the sale and purchase of a business, including assets, obligations, and warranties.

find out more

Asset Transfer Agreement Between Related Companies

Australian-law agreement for transferring assets between related companies within the same corporate group, ensuring regulatory compliance and proper documentation of intra-group transfers.

find out more

Facility Transfer Agreement

An Australian law agreement governing the transfer of facility rights and obligations between financial institutions, ensuring regulatory compliance and proper transfer mechanics.

find out more

Assignment Of Interest Agreement

An Australian law-compliant agreement for the formal transfer of rights, interests, or property from an Assignor to an Assignee.

find out more

Promissory Note Transfer Agreement

An Australian law-governed agreement that documents the transfer of a promissory note from one party to another, including terms, conditions, and completion requirements.

find out more

Software Ownership Transfer Agreement

An Australian law-governed agreement for transferring complete ownership rights of software from one party to another, including all associated intellectual property and assets.

find out more

Simple Real Estate Purchase Agreement Between Family Members

An Australian-compliant real estate purchase agreement specifically designed for property transfers between family members, incorporating standard sale elements with family-specific considerations.

find out more

Simple IP Assignment Agreement

An Australian-law governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance with Australian IP regulations.

find out more

Intra Company Agreement

An Australian-law governed agreement that formalizes arrangements and relationships between related entities within a corporate group.

find out more

Technology Sharing Agreement

An Australian law-governed agreement establishing terms for sharing proprietary technology between parties, including IP rights, implementation requirements, and security measures.

find out more

Operations Transfer Agreement

An Australian law-governed agreement facilitating the transfer of business operations, assets, and responsibilities between entities.

find out more

Intercompany Assignment Agreement

An Australian law agreement governing the temporary assignment of employees between related companies, establishing terms, conditions, and responsibilities of all parties.

find out more

Unit Transfer Agreement

An Australian law-governed agreement facilitating the transfer of units in a unit trust between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Trademark Transfer Agreement

An Australian law-governed agreement for transferring trademark ownership, including all associated rights and obligations under the Trade Marks Act 1995.

find out more

Simple Transfer Of Ownership Agreement

An Australian law-compliant agreement facilitating the transfer of ownership of property or assets between parties, with clear terms and warranties.

find out more

Personal Property Transfer Agreement

An Australian law-governed agreement facilitating the formal transfer of personal property between parties, ensuring legal compliance and protection of interests.

find out more

Intra Group Transfer Agreement

An Australian-law governed agreement for transferring assets, employees, or operations between entities within the same corporate group.

find out more

Capital Transfer Agreement

An Australian-law governed agreement that documents and facilitates the transfer of capital between entities, ensuring regulatory compliance and defining transfer terms.

find out more

Assignment Of Lease From Seller To Buyer

An Australian legal document that transfers lease rights and obligations from an existing tenant to a new tenant, subject to landlord's consent and state property laws.

find out more

Transfer Payment Agreement

An Australian law-governed agreement establishing terms and conditions for structured payments between parties, including payment details, obligations, and compliance requirements.

find out more

Franchise Transfer Agreement

An Australian law-governed agreement facilitating the transfer of franchise rights and obligations between franchisees, ensuring compliance with the Franchising Code of Conduct.

find out more

Wire Transfer Agreement

An Australian-compliant agreement governing the terms and conditions for wire transfer services between a financial institution and its customers.

find out more

Partnership Transfer Agreement

An Australian law-governed agreement facilitating the transfer of partnership interests, including terms, conditions, and obligations of all involved parties.

find out more

Business Transfer Contract

An Australian law-governed agreement for the sale and purchase of a business, including assets, operations, and associated rights and obligations.

find out more

Software Transfer Agreement

An Australian law-governed agreement for transferring ownership and rights in software from one party to another, including IP rights, warranties, and implementation requirements.

find out more

Transfer Of Sale Agreement

An Australian legal document that formalizes the transfer of ownership of assets or property from seller to buyer, outlining all sale terms and conditions.

find out more

Bond Transfer Agreement

An Australian law-governed agreement facilitating the legal transfer of bonds between parties, including all necessary terms, conditions, and regulatory requirements.

find out more

Software License Transfer Agreement

An Australian law-governed agreement for transferring software license rights and obligations between parties, ensuring legal compliance and clear transfer of responsibilities.

find out more

Credit Transfer Agreement

An Australian-law governed agreement establishing terms and conditions for transferring credit rights and obligations between financial institutions or parties under Australian financial regulations.

find out more

Conveyance Agreement

An Australian legal agreement governing the transfer of real property from seller to buyer, compliant with federal and state property laws.

find out more

Asset Assignment Agreement

An Australian law-governed agreement facilitating the transfer of ownership rights in assets from an Assignor to an Assignee, including terms, conditions, and completion requirements.

find out more

Land Transfer Agreement

An Australian legal document that formalizes the transfer of real property ownership between parties, complying with federal and state property laws.

find out more

Intercompany License Agreement

An Australian law-governed agreement between related corporate entities for licensing intellectual property or technology, ensuring regulatory compliance and protecting both parties' interests.

find out more

Transfer Of Rights Contract

An Australian law-governed agreement that formally transfers specified rights from one party to another, including terms, conditions, and consideration for the transfer.

find out more

Stock Transfer Agreement

An Australian legal document that facilitates the transfer of shares between parties, ensuring compliance with the Corporations Act 2001 and related legislation.

find out more

License Transfer Agreement

An Australian law-governed agreement for transferring existing license rights and obligations from one party to another, ensuring legal compliance and risk management.

find out more

Patent Transfer Agreement

An Australian law-governed agreement for transferring ownership of patent rights from one party to another, including terms of transfer and registration requirements.

find out more

Profit And Loss Transfer Agreement

An Australian law-governed agreement establishing profit and loss transfer arrangements between a parent company and its subsidiary, including calculation methods and compliance requirements.

find out more

Patent Assignment Agreement

An Australian law-governed agreement that transfers full ownership and rights of patents from one party to another, complying with the Patents Act 1990 (Cth) and IP Australia requirements.

find out more

Money Transfer Agreement

An Australian-law governed agreement establishing terms and conditions for money transfer services, ensuring regulatory compliance and operational efficiency.

find out more

Liability Transfer Agreement

An Australian law-governed agreement that enables the formal transfer of liabilities between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Assignment And Novation Agreement

An Australian law agreement that transfers contractual rights and obligations from one party to another, releasing the original party and binding the new party.

find out more

Technology Transfer Agreement

An Australian-law governed agreement facilitating the transfer of technology, technical knowledge, or IP rights between parties, including terms of transfer, implementation, and compliance requirements.

find out more

Equity Transfer Agreement

An Australian law agreement governing the transfer of equity ownership between parties, ensuring compliance with corporate regulations and documenting transaction terms.

find out more

Debt Transfer Agreement

An Australian law-governed agreement facilitating the transfer of debt obligations from one party to another, including associated rights and security interests.

find out more

Assignment And Transfer Agreement

An Australian law-governed agreement that formally transfers rights, property, or obligations from one party to another, including all relevant terms and conditions.

find out more

Asset Transfer Agreement

An Australian-law governed agreement facilitating the legal transfer of assets between parties, detailing terms, conditions, and obligations of the transfer.

find out more

Rights Transfer Agreement

An Australian law-compliant agreement for transferring ownership rights from one party to another, incorporating relevant federal IP legislation requirements.

find out more

Loan Transfer Agreement

An Australian law-governed agreement facilitating the transfer of loan rights and obligations between financial institutions, including associated security interests and regulatory compliance requirements.

find out more

Contract Transfer Agreement

An Australian law-governed agreement that facilitates the transfer of contractual rights and obligations from one party to another.

find out more

Trademark Assignment Agreement

An Australian law agreement for transferring trademark ownership from one party to another, including all associated rights and registration requirements.

find out more

Transfer Of Shares Agreement

An Australian legal document that formalizes the transfer of company shares from a seller to a buyer, complying with the Corporations Act 2001 and state legislation.

find out more

Intellectual Property Transfer Agreement

An Australian law-governed agreement facilitating the transfer of intellectual property rights between parties, including terms, conditions, and compliance requirements.

find out more

Title Transfer Agreement

An Australian legal document facilitating the transfer of property ownership between parties, compliant with Australian property law and registration requirements.

find out more

Sales Of Shares Agreement

An Australian law-governed agreement documenting the sale and purchase of company shares, including transaction terms, warranties, and completion mechanisms.

find out more

Transfer Of Ownership Agreement

An Australian law-governed agreement that formally documents and executes the transfer of ownership rights between parties, ensuring legal compliance and protection for all stakeholders.

find out more

Transfer Of Business Ownership Agreement

An Australian law-governed agreement that documents and facilitates the complete transfer of business ownership from seller to purchaser, including all associated assets, obligations, and responsibilities.

find out more

Intellectual Property Assignment Agreement

An Australian law-governed agreement that transfers ownership of intellectual property rights from one party to another, ensuring legal compliance and clear transfer terms.

find out more

Copyright Transfer Agreement

An Australian law-compliant agreement for transferring copyright ownership from one party to another, governed by the Copyright Act 1968 (Cth).

find out more

Assignment Of Lease

An Australian legal document that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord approval.

find out more

Business Asset Sale Agreement

An Australian law-governed agreement for the sale and purchase of business assets, detailing terms, conditions, and regulatory compliance requirements.

find out more

Membership Interest Transfer Agreement

An Australian law-governed agreement for the transfer of membership interests between parties, including transfer terms, warranties, and completion requirements.

find out more

Debt Assignment Agreement

An Australian law-governed agreement for the transfer of debt obligations from one party to another, including all necessary terms and regulatory compliance requirements.

find out more

Commercial Lease Assignment

An Australian legal document that transfers a commercial lease from an existing tenant to a new tenant, with the landlord's consent and subject to Australian property law requirements.

find out more

Car Assignment Agreement

An Australian legal document that formalizes the transfer of vehicle ownership between parties, ensuring compliance with federal and state regulations.

find out more

Bill Of Sale Assignment And Assumption Agreement

An Australian law-governed agreement facilitating the transfer of property ownership and associated rights and obligations between parties, with comprehensive provisions for asset transfer and liability assumption.

find out more

Transfer And Assumption Agreement

An Australian law-governed agreement facilitating the transfer of assets, rights, and obligations between parties, including terms of transfer and assumption of liabilities.

find out more

Technology Assignment Agreement

An Australian legal agreement for transferring ownership of technological assets and associated intellectual property rights from one party to another.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.