Get the deed prepared for assigning a commercial lease

Because it is the document that formally records the transfer of the tenant's leasehold interest from one party to another. If the deed is unclear, the parties can end up arguing about who remains liable for rent, repairs, compliance with lease covenants or obligations linked to the period before completion. The deed also needs to work with the assignment provisions in the existing lease. This service deals with that core document and the lease wording that affects it, rather than handling every other moving part in the transaction.

The service covers the deed of assignment itself, together with review of the existing lease for assignment restrictions or conditions that need to be reflected in the document. We can also include transaction-specific wording where the lease or landlord requirements call for it. The fee on this page is not for broader transaction management, tax input, valuation issues, landlord negotiations or continuing representation after the deed work is completed. If the matter expands beyond the document and related lease review, we can discuss separate support.

A deed of assignment will usually identify the outgoing tenant, the incoming tenant, the lease being assigned, and the effective date of the transfer. It may also include wording about liabilities, indemnities, conditions tied to landlord consent, and statements about obligations before and after completion. The exact content depends on the lease terms and the commercial arrangement between the parties. That is why reviewing the existing lease matters. Assignment clauses often shape what the deed needs to say and whether extra wording is needed to reflect the transaction properly.

A template can be risky where the lease contains detailed assignment restrictions, the landlord has imposed conditions, or the parties have agreed a specific position on continuing liability that the template does not address. Generic wording may miss points that matter at completion, such as consent-related conditions, indemnity wording or references needed to align with the original lease. For a straightforward transfer, a template may look adequate at first glance, but lease assignments are often more dependent on the underlying document than businesses expect.

For a straightforward matter, drafting is often completed within several business days once we have the lease and the key transaction details. Timing can be longer if the lease has unusual assignment wording, the landlord has required specific clauses, or the parties are still settling points that affect the deed. This service includes up to two rounds of amendments, which is useful where the draft needs refining before signature. If related documents or negotiations are still moving, that can affect turnaround as well.

Working with us is simple. Start by submitting an enquiry through our website using the form at the top of this page or on our Get Started page. A legal project manager will review your enquiry within 1 business day and reach out to understand your needs.

They'll send you a fixed fee quote outlining costs, scope, and timing. If you're happy, you can accept and sign our engagement letter online. Once that's done, we'll connect you with an expert lawyer who will complete your project via email, phone, or video chat, with the timing confirmed in your quote.

If you're not looking for help with a specific matter, explore our platform, which offers free templates, tools to get your business set up, and even a free tier to get started. Whether you need legal support or just want to browse resources, we've got you covered.

At Sprintlaw, our pricing is transparent and designed for startups and small businesses. Many one-off legal services, including document drafting and reviews, are provided for a fixed fee with an upfront quote before you proceed.

Prices typically range from £100 to £1,500 depending on the complexity and scope of the work. For ongoing support, Sprintlaw Memberships include options such as legal templates, consultations, a legal helpline and credits for services.

If your project is larger or more complex, we will provide a tailored quote after understanding what you need.

Sprintlaw UK operates fully virtually, with the team working online across the UK to provide support to startups and small businesses nationwide. Many of our team are based in London and often meet at co-working offices, but our operations remain fully digital, ensuring flexibility and efficiency for both our clients and team.