Regarding a lease assignment, the:

In a lease assignment, the assignee becomes primarily liable under the lease, meaning they take over the obligations and responsibilities associated with that lease. This occurs when the original tenant (the assignor) transfers their lease rights to a new tenant (the assignee). While the assignee is primarily responsible for fulfilling the terms of the lease, the assignor typically retains secondary liability, meaning that if the assignee fails to meet their obligations—such as paying rent or maintaining the property—the original tenant can still be held accountable by the lessor.

This structure is crucial in lease assignments because it protects the lessor's interests, ensuring that there is a party responsible for the lease obligations at all times. Even after the lease is assigned, the assignor's continued liability acts as a safeguard for the lessor, encouraging proper conduct and adherence to the lease terms.

Although the other options present variations of liability, they do not accurately reflect the standard legal principles surrounding lease assignments. Understanding this arrangement is essential for navigating landlord-tenant relationships and lease agreements effectively.