Lease Agreement Binding Terms

Summary

To ensure a lease remains effective under new ownership, include a clause stating it remains binding on successors or assignees. This can be titled Assignment and Succession or Binding Effect. For specific legal drafting, consult a real estate attorney.

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How to write in legal terms, This Lease stays in effect under new Ownership or Lessee is assigned.
Hey D! You can use the following legal language for your lease agreement:
"This Lease shall remain in full force and effect and be binding upon any successor or assignee of the Lessor or Lessee."
If you have any other questions or need further clarification, feel free to ask!
What section title would this go under?
The section title for the provided legal language could be "Assignment and Succession" or "Binding Effect."