Examlex
Which of the following statements is CORRECT?
Sublease
A transfer of some but not all of a tenant’s remaining right to possess property under a lease.
Assignment
Process of transferring one's interest or benefit in a contract or property to another party, effectively changing the party responsible.
Commercial Property
Commercial property is real estate intended for use in commerce, such as offices, stores, and factories.
Partial Rights
Limited legal entitlements that do not encompass full ownership or control.
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