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Lease takeovers in NYC, explained.

A lease takeover (legally a "lease assignment") lets a new tenant step into your shoes for the rest of the lease. Learn how RPL 226-b actually works, what to do if the landlord refuses, and how to avoid scams.
  • Based on RPL 226-b
  • Updated Feb 2026
  • 100% free
Quick guide

A lease takeover in NYC — legally a lease assignment under RPL 226-b(1) — lets a new tenant step completely into your shoes for the rest of the lease. Unlike subletting, you're released from the lease once the landlord consents.

This guide covers your statutory rights, the practical process, and how to avoid the scams common in the NYC takeover market. Leaseswap aggregates lease takeover listings from across NYC so you don't have to refresh five sites.

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What is it?

Lease takeover, in plain English.

The term "lease takeover" is what most people search for, but legally it's called a lease assignment. They mean the same thing.
The definition

A lease takeover — a lease assignment under NY Real Property Law § 226-b(1) — is when the current tenant transfers all of their lease rights and obligations to a new tenant, with the landlord's consent. The new tenant "steps into the shoes" of the original tenant and takes over responsibility for rent.

Why people do it
  • Job relocation outside NYC
  • Need to break a lease early without penalty
  • Moving in with a partner or buying a home
  • Finding a better apartment mid-lease
Assignment vs sublet

Two different rules, often confused.

RPL 226-b treats assignment and subletting very differently — different landlord-consent rules, different remedies, different paperwork.

Lease assignment

best when leaving for good
  • Full transfer — the new tenant completely replaces you on the lease.
  • Liability released — if the landlord consents, you're no longer responsible for rent.
  • Landlord consent — the landlord may refuse for any reason, but a refusal triggers your right to leave on 30 days' notice (RPL 226-b(1)).
  • Statutory backstop — a no-assignment clause in your lease doesn't override your right to ask and your right to be released if refused.

Subletting

temporary absence
  • Temporary — you remain on the lease and intend to return.
  • Liability remains — you stay primarily responsible to the landlord for rent.
  • Different consent rule — under RPL 226-b(2), in buildings of 4+ units the landlord may not unreasonably withhold consent, and silence past statutory deadlines can be deemed consent.
  • Strict notice format — the sublet request has specific content and certified-mail requirements set by statute.

Takeover vs sublease vs lease break

Takeover (assignment)SubleaseLease break
You stay on lease?No — full transfer if approvedYes — you're still liableN/A — lease ends
Landlord consent ruleMay refuse for any reason; refusal triggers your right to leave on 30 days’ noticeIn 4+ unit buildings, consent cannot be unreasonably withheldDepends on lease terms and negotiation
Cost to tenantNo statutory fee, though some landlords charge processingOriginal tenant remains liable for rentVaries — check your lease for early termination penalties
Legal basisRPL 226-b(1)RPL 226-b(2)Lease terms
Best forLeaving NYC permanentlyTemporary absenceEmergency departure
NYC Rent Guidelines Board — Subletting FAQs →
Your rights

RPL 226-b(1), in three sentences.

New York Real Property Law § 226-b is the key statute. It treats assignment (subsection 1) and sublet (subsection 2) very differently — make sure you're reading the right one for your situation.
The assignment rule

A tenant in an unexpired lease may not assign without the landlord's written consent. The landlord may withhold that consent for any reason — or no reason — and doesn't need to be "reasonable" about it. But if the landlord denies the request, the tenant has the right to be released from the lease on 30 days' written notice of intent to vacate, with no further penalty.

Send your request via certified mail, return receipt requested so you have proof of when the landlord received it. Keep copies of everything.

Important — don't confuse this with the sublet rule

The well-known "landlord cannot unreasonably withhold consent" rule — and the "silence = consent" deadlines — come from RPL 226-b(2), the sublet provision, and apply only in buildings of four or more units. Those rules do not apply to assignments. Plenty of online guides mix this up. If you're unsure which one fits your situation, talk to a tenant attorney before sending anything.

Possible outcomes after you send the request

Landlord responseWhat happensYour options
ApprovesAssignment proceeds as plannedSign assignment agreement with new tenant
RefusesAssignment denied — but you gain a statutory exitGive 30 days' written notice and vacate without further penalty
No responseTreated as a refusal in practice — silence is not deemed consent for assignmentsSame release path: 30 days' notice and vacate. Talk to an attorney before assuming consent.
NY Real Property Law § 226-b →

Why landlords often say yes

  • You bring a creditworthy replacement tenant up front.
  • The unit re-rents seamlessly, no vacancy.
  • The proposed assignee's income and references are strong.
  • The alternative is the landlord losing rent and re-marketing.

Why a refusal still works for you

  • A clear refusal triggers your statutory right to leave on 30 days' notice.
  • You don't need to prove the refusal was unreasonable.
  • No early-termination penalty is owed beyond rent through your notice period.
  • Document everything in writing — the request, the response, your notice of intent to vacate.
The process

What the path generally looks like.

Every situation is different. The steps below describe the typical path tenants take — but the formal notice and any release of liability should be reviewed by a NY-licensed attorney before you act.
  1. Read your lease

    Review your lease for any assignment or subletting provisions. RPL 226-b(1) gives you the right to ask even if the lease says no — but the rest of the lease (notice address, late-fee terms, security deposit handling) still controls.

  2. Find a strong proposed assignee

    A landlord is much more likely to say yes when the proposed assignee looks like a good tenant: stable income, clean references, no rental issues. If they refuse anyway, you still gain the right to leave — but a strong assignee maximizes your chance of a clean approval.

  3. Send a written request

    Send a written assignment request to your landlord — certified mail, return receipt requested — including the proposed assignee's name, current address, employment information, and references. Keep copies.

  4. Wait for the response

    The landlord may consent, refuse, or not respond. A refusal — or non-response — triggers your right to leave on 30 days' written notice. Document the date you receive the response (or the date you decide non-response is effectively a refusal).

  5. Either assign or give notice and vacate

    If the landlord consents, sign an assignment agreement — ideally drafted or reviewed by an attorney — that releases you from further liability and transfers the lease. If the landlord refuses, send a written notice of intent to vacate and plan your move.

Timeline

How long does a lease takeover take in NYC?

Plan for 2 to 6 weeks from start to finish, depending on how quickly the landlord responds and whether you assign or use the 30-day release path.

  • Week 1Find a strong proposed assignee and gather their application materials.
  • Week 1–2Send the formal written request via certified mail.
  • Weeks 2–4Wait for the landlord's response. Many respond within a week or two.
  • Weeks 3–6Either execute the assignment, or — if denied — send a 30-day notice of intent to vacate and plan the move.

A cooperative landlord and a strong assignee can wrap the whole process in about 2 weeks. A slow or hostile landlord generally pushes you onto the 30-day release path.

Red flags

Lease takeover scams are unfortunately common.

Protect yourself with these verification steps. If something feels off, walk away — there's another listing tomorrow.

Common warning signs

  • Asking for large upfront payments before you see the apartment
  • Pressure to sign quickly without time to verify details
  • Unable or unwilling to show you a copy of the current lease
  • Price seems too good to be true for the neighborhood
  • Communication only via text or email, refuses to meet in person

Verify everything

Verify the current tenant

  • Ask for government-issued ID matching the lease
  • Request to see utility bills in their name
  • Meet them at the apartment during normal hours
  • Look up the building on NYC property records

Verify the lease

  • Get a copy of the current signed lease
  • Confirm the lease end date and rent amount
  • Check that landlord contact info matches public records
  • Verify the apartment address is accurate

Verify with the landlord

  • Contact the landlord directly (find info independently)
  • Confirm they know about the assignment request
  • Ask about any outstanding rent or issues
  • Get the landlord's approval in writing

Protect your payment

  • Never pay cash — use traceable payment methods
  • Don't pay until you've verified everything
  • Keep all receipts and documentation
  • Consider an escrow service for large amounts
NY Department of State — Consumer Alerts →
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FAQs

Common questions

Everything you need to know about lease takeovers and assignments in NYC.

Yes. A lease takeover is legally a "lease assignment" under New York Real Property Law § 226-b(1). You have the right to ask your landlord to consent to an assignment. The landlord may refuse — for any reason — but if they refuse (or don't respond), you have the right to be released from the lease on 30 days' written notice, without further penalty.