When tenants transfer all of their remaining rights under a lease to a third party, a(n) _____ occurs.

Name: When tenants transfer all of their remaining rights under a lease to a third party, a(n) _____ occurs.
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As with rights and duties under most other types of contracts, the rights and duties under a lease may generally be assigned and delegated to third parties. Assignment occurs when the landlord or the tenant transfers all of her remaining rights under the lease to another person.

When Tenants Transfer All of Their Remaining Rights Under a Lease