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Deed Of Assignment Of Tenancy
"I need a Deed of Assignment of Tenancy for my Munich apartment, where I'm transferring my existing lease to a new tenant from March 1, 2025, with my landlord's preliminary consent already obtained and including provisions for the transfer of my existing security deposit."
1. Parties: Identification of the Landlord, Current Tenant (Assignor), and New Tenant (Assignee), including full legal names and addresses
2. Background: Context of the existing tenancy and reason for assignment
3. Definitions: Key terms used throughout the deed, including 'Property', 'Existing Lease', 'Assignment Date', etc.
4. Details of Original Tenancy: Summary of the existing lease terms, including property description, rent, and key dates
5. Assignment: Core provisions affecting the transfer of rights and obligations from Assignor to Assignee
6. Landlord's Consent: Express written consent of the landlord to the assignment as required under German law
7. Effective Date: Specification of when the assignment takes effect
8. Assignor's Warranties: Confirmations from the current tenant regarding the status of the tenancy
9. Assignee's Covenants: New tenant's commitment to comply with original lease terms
10. Rent and Deposits: Provisions regarding handling of rent payments and transfer of security deposits
11. Execution: Formal signing requirements and witness provisions
1. Condition Report: Section documenting the current condition of the property, used when there are specific concerns about property condition
2. Outstanding Claims: Section addressing any existing disputes or claims, needed if there are ongoing issues
3. Utilities and Services: Section dealing with transfer of utility accounts and services, needed if these are in the tenant's name
4. Property Management: Section required when there is a property manager involved in addition to the landlord
5. Break Clause: Optional provisions for early termination rights, if agreed by all parties
6. Renovation Works: Section needed if there are ongoing or planned renovation works that need to be addressed
1. Schedule 1 - Property Details: Detailed description of the property including address and any included fixtures and fittings
2. Schedule 2 - Original Lease: Copy of the original lease agreement
3. Schedule 3 - Inventory: Current inventory and condition report of the property
4. Schedule 4 - Outstanding Matters: List of any pending maintenance issues or disputes
5. Appendix A - Consent Form: Formal landlord consent documentation
6. Appendix B - Handover Protocol: Document recording meter readings, key handover, and other practical matters
Authors
Residential Real Estate
Commercial Real Estate
Property Management
Legal Services
Housing Associations
Property Development
Real Estate Investment
Legal
Real Estate
Property Management
Tenant Relations
Compliance
Housing Administration
Contract Administration
Asset Management
Property Manager
Real Estate Lawyer
Legal Counsel
Tenancy Administrator
Housing Officer
Real Estate Agent
Lease Administrator
Property Administrator
Compliance Officer
Real Estate Portfolio Manager
Housing Manager
Tenant Relations Manager
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