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| The Real Estate Encyclopedia |
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| What does sublet and assignment mean? |
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| Category - Home Ownership FAQ's - Lease & Renting
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If you sublet or assign your lease, you are transferring your obligations under the contract to a third party.
Most property owners will not allow a tenant to sublet or assign the lease agreement without obtaining special permission. Wording to the effect that the tenant may not sublet or assign the agreement will be contained in the terms of the agreement. |
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