Property Management
A NC commercial tenant who assigns their lease to a new business transfers:
AOnly the right to sublease
BAll of their remaining lease rights and obligations to the assignee✓ Correct
COnly the financial obligations, not the right to occupy
DOnly the right to renew the lease
Explanation
A lease assignment transfers all of the tenant's remaining rights and obligations under the lease to the assignee. The original tenant may remain secondarily liable unless the landlord releases them (novation).
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