10) Which of the following statements is most accurate when a tenant assigns to

Question

10) Which of the following statements is most accurate when a tenant assigns to a new third party all the rights and duties under a lease?

a. If a tenant assigns the lease, the assignee will be entitled to receive the lease’s benefits but will not become liable for the rent.

b. If a tenant assigns the lease and the assignee vacates the property prior to the lease’s expiration, the assignee remains liable for nonpayment of future rent.

c. If a tenant assigns the lease and the assignee vacates the property prior to the leases’s expiration, the assignor remains liable for nonpayment of future rent.

d. Upon an assignment of the lease, the assignor is discharged from further liability even without the landlord’s consent.

Explanation / Answer

10) The following statements is most accurate when a tenant assigns to a new third party all the rights and duties under a lease-

c. If a tenant assigns the lease and the assignee vacates the property prior to the leases’s expiration, the assignor remains liable for nonpayment of future rent as per law.

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