Rental assignment意思

"Rental assignment" is a term used in the context of leasing or renting property, typically referring to the transfer of a tenant's rights and obligations under a lease agreement to another party. This process allows the original tenant (the assignor) to transfer their lease to someone else (the assignee), who then assumes the responsibilities of the lease, including paying rent and adhering to the terms and conditions of the lease agreement.

The assignment of a rental property is different from a sublease, which is when the tenant rents out the property to another person for a shorter period of time, while still being responsible for the lease themselves. With an assignment, the original tenant completely transfers their rights and responsibilities to the new tenant, and the landlord's consent is usually required.

In the context of rental assignments, the term can refer to the act of assigning the lease or the document itself, which outlines the terms of the assignment and serves as a formal agreement between the assignor, the assignee, and the landlord. The assignment document typically includes details about the lease being transferred, the responsibilities being assumed, and any conditions or fees associated with the assignment.