Property Management
What is 'assignment of a lease' in Delaware?
AThe landlord assigning maintenance duties to a property manager
BThe tenant transferring their entire remaining lease interest to a new tenant, who becomes directly responsible to the landlord✓ Correct
CThe lender assigning the mortgage to a new servicer
DThe broker assigning the listing to a cooperating agent
Explanation
A lease assignment is the complete transfer of the tenant's entire remaining lease interest to a third party (assignee). Unlike subletting, the assignee becomes directly obligated to the landlord (though the original tenant may remain secondarily liable).
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