Property Management
In South Carolina, what is a 'sublease' and how does it differ from an assignment?
AThey are the same thing
BIn a sublease, the original tenant transfers only part of their interest (or the full interest for less than the full remaining term), retaining some obligation to the landlord✓ Correct
CAn assignment transfers only part of the lease; sublease transfers all of it
DA sublease requires landlord approval; assignment does not
Explanation
In a sublease, the original tenant transfers part of the premises or the full premises for less than the remaining lease term, remaining as a middle party between the landlord and subtenant. In an assignment, the entire remaining interest is transferred and the original tenant may be released.
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