state the different between assignment and subletting ?
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When a tenant assigns its lease, the assignee takes over the tenant's obligations under the lease and deals directly with the landlord. What is it? A sublease is the transfer of all or a portion of the premises for less than the entire term of the lease.
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Assignment is best when you want to completely release yourself from your obligations under the lease. Conversely, subleases are more suitable when you still want to retain your interest in the property or are unable to assign.
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