Assignment Of Tenancy

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All requests to the landlord for consent to assigning this Lease or subletting or parting with the possession of all or part of the herein demised premises shall be made to the Landlord in writing together with such information in writing as a Landlord might reasonably require respecting a proposed assignee, including without limitation, the name address, nature of business experience and responsibility and financial responsibility, standing and background of such proposed assignee and, in the event that such proposed assignee is a corporation, similar information respecting the principal shareholders of such corporation.

Any assignee, sub-tenant, licensee or concessionaire approved by the Landlord shall be bound by all the terms, conditions, covenants, provisos, and agreements of this Lease and shall, at the request of the Landlord, execute a covenant to such effect.

Notwithstanding the foregoing, in the event of any sale or other transfer of the Resort, this Lease may be assigned, transferred or sublet by Tenant without Landlord’s consent to the new owner, assignee or transferee of the Resort upon Tenant’s providing Landlord with thirty (30) days’ prior written notice thereof.

In the event of any such sale, assignment or transfer upon an express assumption of Tenant’s obligations under this Lease by the new owner of the Resort, Tenant shall be released from any liability under this Lease arising from and after the effective date of any such assignment and assumption and shall not be required to guaranty any obligations hereunder.

You can also assign your tenancy to one of your children (including step and adoptive children) or an unmarried partner (including same sex partners) if they’ve lived with you continuously for the last 12 months.

If your tenancy was created before 1 April 2012, you can also assign it to the following family members: If you haven't already done so, please read the Assignment section in our guide to passing on a tenancy for information on when we wouldn't grant an assignment and things for you to consider before you apply.

For example, if the 12 month period is from March 2017 to February 2018, you should provide your payslips for March 2017 and February 2018 and four months in between.

A decision will be given in writing and we hold the right to review each application for assignment by a senior officer.

•By a mutual exchange where a Stafford and Rural Homes tenant exchanges his dwelling with another tenant, or a tenant of another Registered Social Landlord.

Please click here to see more information about Mutual Exchanges.


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