Question: Question 4 0 4 0 . When a tenant wants to transter his or her rights to leased property by assigning a lease or subleasing
Question
When a tenant wants to transter his or her rights to leased property by assigning a lease or subleasing a leased premises, the tenant:
Is released from the obligation to pay the rent associated with the leased premises in the event the assignee or sublessee defaults fails to pay rent
Must typlcally obtain the prior written consent of the landlord who owns the leased premises.
May only do so If the tenant has a periodic tenancy.
Has the legal rignt to sublease property by operation of law, which overrides the terms of the lease.
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