This deed of covenant is for use where an "old" lease under the Landlord and Tenant (Covenants) Act 1995 is assigned and the landlord requires a direct covenant from the assignee. It is assumed that the assignment does not require landlord's consent and there is, therefore, no licence to assign containing a direct covenant.

For a deed of covenant where the landlord and the management company both require a direct covenant from the assignee, see Standard document, Deed of covenant by assignee of residential lease with landlord and management company (old tenancy).