Deed of Assignment of Tenancy (Residential Property)

A deed of assignment of tenancy for residential property is a formal legal agreement between the current tenant and the third party that defines terms and conditions of transfer of rights in the tenancy from one party to another. This deed template can be customised for tenancy agreements across the UK, including:

• flats and apartments;
• studios;
• rooms;
• semi-detached or detached houses.

A standard and well-written deed of assignment of tenancy template for residential properties must include:

• Identification Details. This section must outline the full name, address and contact information of the former tenant (assignor), new tenant (assignee) and the landlord.
• Property Description. The text of the deed should provide reference to the original tenancy agreement, its date of signing and the full address of the property.
• Indemnity Clause. This is an important element of every deed of assignment by which the new tenant is released from any liabilities and losses that occur in relation to the breach of the tenancy after the date of signing this deed.
• Governing Law. This part of the deed should outline the law of which jurisdiction shall apply in case of a dispute between the parties.

This template can be suitable for tenants under ongoing assured tenancies in England and private residential tenancies in Scotland and Northern Ireland, including:

• private landlords and property owners;
• current tenants willing to assign their rights in the tenancy;
• solicitors looking for a solid and professional draft template.

By customising this template with FasterDraft, you get the following benefits:

• a template that is suitable for immediate usage right after the purchase;
• a template that has a professional format in line with the UK real estate market;
• a template that can be used for different types of residential properties, including flats, houses, rooms, etc.;
• a template created by qualified solicitors;
• a document that saves time and speeds up the whole assignment process;
• a template that is suitable for England, Wales, Scotland and Northern Ireland.

This document template is strictly meant for the deed of assignment of tenancy for residential properties. In case of the assignment for commercial properties, another deed template should be used instead.

To get a fully customisable deed template, follow a few easy steps below:

1. Click the “Create Document” button.
2. Answer simple questions in the form.
3. Select a template’s format – PDF or Word.
4. E-sign the document online.
5. Make a payment.