When a lease is assigned, the assignee becomes the sole obligor for rent payments, and the original lessee is discharged from the lease.

Question

Quizplus · Accepted Answer

When a lease is assigned, the original lessee (assignor) is not automatically discharged from their obligations under the lease unless the lease agreement or a separate agreement with the landlord explicitly releases them. Typically, both the assignee and the original lessee remain liable for lease obligations.

When a Lease Is Assigned, the Assignee Becomes the Sole