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Lease Assignment Agreement: a document accustomed to transfer a tenant's curiosity in the assets to a completely new specific who will presume the obligations and rights of the initial lease
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The most crucial difference between an Assignment and delegation needs to do with contractual legal rights. Where an Assignment entails transferring the rights and obligations of a contract to a different occasion, a delegation only transfers obligations.
The assignee would be the occasion who gets the rights and obligations of the first contract through the assignor.