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When assigning a lease agreement, parties must determine if it is an assignment or sublease. An assignment transfers the entire leasehold estate to the assignee, while a sublease only transfers a portion. Tenants should seek landlord consent before assigning, even if not specified in the contract. Consent may be necessary to fully transfer rights and obligations to the assignee. The assignee gains all rights and responsibilities of the original tenant in the contractual relationship with the landlord.