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Commercial Lease Assignment

Commercial Lease Assignment Template for Netherlands

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Key Requirements PROMPT example:

Commercial Lease Assignment

"I need a Commercial Lease Assignment agreement under Dutch law for transferring a retail space lease in Amsterdam's city center, with the assignment planned for March 1, 2025, and including specific provisions for maintaining the existing retail license and handling the transfer of shop fittings."

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Document background
The Commercial Lease Assignment is a crucial document used in the Netherlands when an existing tenant wishes to transfer their lease rights and obligations to a new tenant while maintaining the landlord's interests. This type of agreement is commonly required when businesses are being sold, restructured, or when tenants need to exit their lease commitments before the natural expiration. The document must comply with Dutch commercial property law, particularly the provisions of the Dutch Civil Code (Burgerlijk Wetboek) regarding lease assignments. It includes comprehensive details about the premises, financial obligations, warranties, and covenants, ensuring a smooth transition of tenancy while maintaining legal compliance. The agreement is particularly important as it requires explicit landlord consent and must address specific Dutch legal requirements for commercial property transfers.
Suggested Sections

1. Parties: Identification of all parties: Landlord, Existing Tenant (Assignor), and New Tenant (Assignee)

2. Background: Context of the original lease and reasons for assignment

3. Definitions: Definitions of key terms used throughout the document

4. Assignment: Core terms of the assignment of lease rights and obligations

5. Effective Date: Specified date when the assignment takes effect

6. Premises: Detailed description of the leased property being assigned

7. Consent: Landlord's formal consent to the assignment

8. Assignor Warranties: Warranties from the existing tenant regarding the lease status

9. Assignee Covenants: New tenant's commitments to comply with lease terms

10. Rent and Other Payments: Details of ongoing financial obligations

11. Security Deposit: Arrangements for transfer or replacement of security deposit

12. Landlord's Rights: Preservation of landlord's rights under the original lease

13. Notices: Communication protocols between parties

14. Governing Law: Confirmation of Dutch law application and jurisdiction

Optional Sections

1. Guarantees: Required when there are existing or new guarantors involved

2. Break Options: Include when specific termination rights are being transferred

3. Environmental Provisions: Required for properties with specific environmental considerations

4. Works and Alterations: Include when there are ongoing or planned modifications to the premises

5. Assignment Conditions: Specific conditions that must be met before assignment becomes effective

6. VAT Election: Include when VAT treatment needs to be specified

7. Service Charge Reconciliation: Required when there are outstanding service charge calculations

8. Turnover Provisions: Include for retail leases with turnover rent components

Suggested Schedules

1. Original Lease: Copy of the original lease agreement and any variations

2. Property Details: Detailed description of the premises including floor plans

3. Inventory: List of fixtures, fittings, and equipment included in the lease

4. Condition Report: Current condition of the premises at time of assignment

5. Outstanding Matters: List of any ongoing obligations or unresolved issues

6. Certificates and Permits: Copies of relevant operational permits and certificates

7. Financial Information: Details of rent payments, deposits, and other financial matters

8. Guarantor Documents: Any relevant guarantee agreements or releases

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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


































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Relevant Industries

Retail

Office Space

Industrial

Warehousing

Hospitality

Manufacturing

Technology

Healthcare

Professional Services

Logistics

Entertainment

Education

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Compliance

Risk Management

Property Management

Corporate Services

Business Administration

Relevant Roles

Real Estate Manager

Property Manager

Legal Counsel

Commercial Director

Facilities Manager

Business Owner

Operations Director

Chief Financial Officer

Asset Manager

Lease Administrator

Property Lawyer

Commercial Property Agent

Compliance Officer

Risk Manager

Company Secretary

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

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