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Mark Cunningham from Grace Property Management is talking about lease assignments. In the past month, his team handled 10 lease assignments. A lease assignment is a change in who is on the lease agreement. It's not simply when a tenant moves out and a new one moves in, but when there are multiple parties on the lease and one needs to be changed. This can happen in situations like roommate replacements when one person leaves and the others need to find a new roommate.