A Tenant Cannot Transfer His/her Leasehold Interest in Order to Make

question 11

True/False

A tenant cannot transfer his/her leasehold interest in order to make money on the leasehold itself.

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Definitions:

Incidental Beneficiary

A non-contracted third party who unintentionally benefits from a contract.

Intended Beneficiary

A person or entity for whom a contract is specifically designed to benefit, often having the right to enforce the contract's terms.

All Rights

This term indicates that every possible right or privilege associated with a legal or contractual situation is retained, without limitation.

Assignor

The party in an assignment agreement who transfers rights or interests to another party, the assignee.