ADIS Code - LASS
An assignment of lease, including a sub-lease, is a transfer of the lease by the lessee, ie the assignor, to a new lessee, ie the assignee. The lessor is usually not a party to the assignment.
The affected lease or sub-lease is not required. For an assignment of a lease affecting Kosciuszko National Park.
Stamp duty - Required. If not marked Registration insisted upon, is prohibited.
Any alteration to the term or rent must be marked.
Registration copy - Required. If unacceptable, Registration insisted upon is prohibited.
Statement of Title Particulars form - Not required.
NOS form - Not required.
Index Particulars form (completion)
(A) Lodging Party - Must be completed.
(B) Instrument - Lease - Assignment of
(C) Locality - Not required.
Link Conveyance - Not required.
Principal Deed - The registered affected lease or sub-lease.
(D) Indexing - The assignor and the assignee, and the sub-lessor for an assignment of a sub-lease.
(E) Certification - Required.
Date: must be dated with the date of execution. If not dated advise the lodging party. If a date is not furnished, indicate Registration insisted upon and include the reason.
Name: the full names (initials are acceptable) of the assignor and the assignee are required. Advise the lodging party of any discrepancies in names.
Operative clause: "... hereby assigns...".
Principal Deed: the number of the affected lease or sub-lease as stated in the assignment must be identical to the number stated on the IPF. If affecting a sub-lease, the head lease number is also required.
Execution: by the assignor. A power of attorney must be registered, The assignee does not have to sign.
Attestation: required. Must be witnessed by a person of 18 years of age or older who is not a party to the document.
IPF: must be completed.
Staff processing information
A Deeds search may be made for the head lease number.
CA Not required
Link Conveyance: nil.
Principal Deed: required. The registered number of the lease or sub-lease being assigned, and the registered number of the head lease for an assignment of a sub-lease.
Noting: "Affecting [description of the land]".
If the assignment affects:
- an interest, state: "interest in" (or Noting Code: "I"
- a share, state: "[fraction] share"
- part of the land, state: "[affected land description]"
- the land description relies on an attached plan, state: "see attached plan" (or Noting Code: "PL").
V: the assignor, and the sub-lessor for an assignment of a sub-lease, deceased estates or trusts, and any variations thereof.
P: the assignee, deceased estates or trusts, and any variations thereof.