Which of the following is true regarding whether a landlord and tenant may transfer their interests in the property involved in the lease?
A) Unless prohibited by the lease agreement, both the landlord and the tenant may transfer their respective interests in the property.
B) Unless prohibited by the lease agreement, the tenant may transfer his or her interest in the property, but the interest of the landlord may not be transferred.
C) Unless prohibited by the lease agreement, the landlord may transfer his or her interest in the property, but the interest of the tenant may not be transferred.
D) If the lease is silent on the matter, neither the landlord nor the tenant may transfer his or her respective interests in the property.
E) Only if the lease is for a period of one year or more may both the landlord and the tenant transfer their respective interests in the property unless prohibited by the lease agreement.
Correct Answer:
Verified
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