If a tenant transfers all of his rights under a lease to another party,such that the original tenant is still liable on the lease,it is called a(n):

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An assignment is when a tenant transfers all of their rights and interests in a lease to another party, known as the assignee. The original tenant remains liable on the lease and is known as the assignor. A sublease, on the other hand, is when the tenant transfers only a portion of their rights and interests in the lease to another party, while retaining some level of control over the space. A restrictive covenant is a clause in a lease that limits how a tenant can use the leased space. A lease renewal is when a tenant extends their lease agreement for an additional term. An illegal action would not be an appropriate choice in this scenario.

If a Tenant Transfers All of His Rights Under a Lease