Assignment of AST
I have been renting a property from its owner for 3 years and sub-letting with his possession. so I'm both landlord and tenant - effectively a manager.
We have now agreed that I will relinquish my role, and so I want to assign the contracts I have with my tenants to the owner who will become their landlord.
The question is how do I do that? If the owner takes out new ASTs it affects the term of the tenancy new 6 month rule. We have already agreed that the owner will transfer the deposits into his name and My|Deposits are happy with this.
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