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Assignment of Lease Package Virginia  Form

Assignment of Lease Package Virginia Form

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now two concepts we're going to talk about in this video is subleasing or sometimes called subletting and assignment of leases now a couple of things before we get going remember all real estate contracts can be assigned unless the contract strictly prohibits it so absent some kind of prohibition every every real estate contract including a lease contract can be assigned so i'm going to explain the differences between assignment of the lease and sub leasing so check this out so in a typical landlord-tenant relationship we have two parties we have the lessor and the lessor is the landlord and there's a lease agreement that's entered into with the lessee s double e that is the tenant all right so let's say it's a one year lease and it's 500 bucks a month and this is a single family house now it doesn't matter what type of contract it is or what type of property it can be a single family home an apartment a commercial space i

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