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Assignment of Lease from Lessor with Notice of Assignment South Dakota Form

Assignment of Lease from Lessor with Notice of Assignment South Dakota Form

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hi welcome to property law 101 i'm sarah bronin and i created this series to help you understand the basics of property and property law this series asks for fundamental questions about property and property law and today we're talking about the fourth one which is holding interest in property and specifically a particular aspect of leaseholds so that particular aspect is how a tenant transfers his or he her or their leasehold interest to another party the general default rule is that a landlord may sell the premises and the tenant may transfer her interest with very few limitations the reality is however that the default rule is often altered by contract landlords will often require that tenants agree to limit their ability to sublease or assign their interest in the property to understand why landlords would want to limit tenants rights to transfer it's important to understand what both of these are so first assemblies a sublease is a lease of an interest smal

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