Maggie,the tenant under a one-year lease of an apartment,assigned the lease to her friend,Cosmo.Which of the following is a legally accurate statement?
A) Maggie's assignment of the lease is the same thing as the granting of a sublease.
B) If Cosmo fails to pay rent during the year covered by the lease,Maggie will be liable for it.
C) The assignment extinguishes any further obligations Maggie may have under the lease.
D) Maggie's assignment is called a tenancy for a period.
Correct Answer:
Verified
Q49: Jessica,a tenant,invited her friend Angelina for dinner
Q50: Delta Corp.leased 60,000 square feet of an
Q51: Larry leased an apartment to Terry.The lease
Q52: Sisk is a tenant of Met Co.and
Q53: Which of the following is an accurate
Q55: Brandon leased his house to Patrick for
Q56: Landlord wishes to evict Tenant from his
Q57: Darwin,a college student,leased a flat for 15
Q58: Ace,Bud,and Chet leased an apartment from Stan
Q59: Which of the following is often used
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents