Ansell rented a commercial property to Eleanor for a five- year term. After two years, she decided that she no longer needed the premises. Her friend, Kiki, however, is eager to use the premises for three years. Which of the following statements is TRUE?
A) Because the relevant period is three years or less, Ansell cannot prevent an assignment even if the original lease requires the landlord's permission for an assignment.
B) If Eleanor wants to use the premises during the fifth year of the lease, she can assign her rights pertaining to the third and fourth years to Kiki.
C) If the lease does not address the issue of assignment, then Ansell has the right to prevent Eleanor from assigning her interest to Kiki.
D) If a sublease is created, Eleanor's obligations to Ansell will be automatically terminated.
E) If the lease is assigned, Eleanor may still be liable to Ansell if Kiki does not pay the rent.
Correct Answer:
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