What is the difference between an assignment of a lease and a sublease?

Correct answer: An assignment is a transfer of the tenant's entire interest, while a sublease is a transfer of all or part of the premises for a period shorter than the lease term.

Explanation

This question focuses on the important distinction between assigning a lease and subleasing a property, which has significant implications for the rights and liabilities of the original tenant.

Other questions

Question 1

What is the legal definition of real property?

Question 2

Which form of property ownership provides the owner with the greatest aggregation of rights, privileges, and power possible?

Question 3

What happens to a deceased joint tenant's interest in a property under a joint tenancy?

Question 4

Which of the following is considered a nonpossessory interest in land?

Question 5

What is the primary difference between an easement and a profit?

Question 6

Under what condition does the implied warranty of habitability apply to the sale of homes?

Question 7

Which type of deed provides the most extensive protection against defects of title for the grantee?

Question 8

What are the four essential elements that must be satisfied for a person to acquire title to land through adverse possession?

Question 9

In the case of Kelo v. City of New London, what did the U.S. Supreme Court rule regarding the 'public use' requirement of the Fifth Amendment's takings clause?

Question 10

What is the legal term for a situation where a landlord's failure to perform duties required by the lease makes the tenant's use and enjoyment of the property exceedingly difficult or impossible?

Question 12

What is the common law doctrine of nuisance?

Question 13

A conveyance of real property 'to A for the life of B' creates what type of estate?

Question 14

What is required for a restrictive covenant to 'run with the land'?

Question 15

What is the most common method of assuring good title in a real estate transaction?

Question 16

In the case of Biglane v. Under the Hill Corp., the court had to decide if noise from a saloon constituted a nuisance. What was the court's finding regarding the saloon's use of its property?

Question 17

What is a tenancy at sufferance?

Question 18

According to the chapter, which of the following is NOT a required element for a valid deed?

Question 19

In the Whitehead v. Humphrey case, why was the Whiteheads' claim regarding the defective sewer system dismissed?

Question 20

In the Otwell v. Diversified Timber Services, Inc. case, the court needed to determine if the Sanderses had acquired title through acquisitive prescription (adverse possession). What did the court accept as sufficient evidence of corporeal (physical) possession?

Question 21

What is the primary purpose of a recording statute for real property deeds?

Question 22

A life tenant has the right to use the land but is prohibited from committing waste. What does 'waste' mean in this context?

Question 23

What is the legal effect of a divorce on a tenancy by the entirety?

Question 24

What is a key difference between a fixed-term tenancy and a periodic tenancy?

Question 25

What is marketable title?

Question 26

If a landlord in a growing number of jurisdictions fails to make a reasonable attempt to lease abandoned property to another party, what is the consequence for the original tenant's liability for rent?

Question 27

What is the purpose of a real estate escrow account?

Question 28

In the context of the four elements of adverse possession, what does 'hostile and adverse' possession mean?

Question 29

In which form of concurrent ownership does neither spouse have the ability to separately transfer their interest during their lifetime without the other's consent?

Question 30

A seller of a new home provides a warranty that it will be fit for human habitation. What is this warranty called?

Question 31

What type of nonpossessory interest is created when a utility company is granted the right to run power lines across another's property?

Question 32

What is the legal description of land that uses the distance between two points and physical features of the local geography to describe boundary lines?

Question 33

In the Cline v. Berg case, the Clines erected a 32-foot-high fence consisting of 20 utility poles spaced 10 feet apart to block Berg's surveillance cameras. Berg sued, claiming the fence was what type of legal violation?

Question 34

If a tenant remains in possession of leased property after the lease term has expired without the landlord's permission, what type of tenancy is created?

Question 35

A seller's duty to disclose defects in real property applies to what kind of defects?

Question 36

If a tenant signs a lease for an apartment for a period of two years, what type of leasehold estate has been created?

Question 37

What is the legal instrument used to transfer title to real property?

Question 38

Under the doctrine of adverse possession in Louisiana, known as acquisitive prescription, what is the required period of possession to acquire ownership without just title?

Question 39

What is the covenant of quiet enjoyment in the context of a lease?

Question 40

A landlord may be held liable for a tenant's injuries caused by a hidden defect on the property if what condition is met?

Question 41

Which of the following describes a tenancy at will?

Question 42

What is a primary public policy reason for the doctrine of adverse possession?

Question 43

If four friends purchase a condominium as tenants in common and one of them dies, to whom does the deceased friend's one-fourth interest pass?

Question 44

The seller's duty to disclose defects in a property sale is a modern exception to what common law rule?

Question 45

When a deed is delivered to the buyer at closing, what has been conveyed?

Question 46

What is the primary right a tenant receives in a leasehold estate?

Question 47

If a life tenant commits waste on the property, what does this mean?

Question 48

How is an easement or profit terminated by merger?

Question 49

In the case Kailin v. Armstrong, a seller failed to disclose that a major tenant in a commercial property was delinquent on rent. This failure to disclose would most likely be a breach of the seller's duty to provide what?

Question 50

What is the key distinction between a tenancy in common and a joint tenancy?