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When assigning a lease agreement, it is important to differentiate between an assignment and a sublease. An assignment transfers the entire leasehold estate to the assignee, while a sublease only transfers a portion of the estate. Consent from the landlord is typically required before assigning the lease, even if not explicitly stated in the contract. The assignee assumes all rights and obligations of the contract between the landlord and the previous tenant, becoming the new occupant of the premises.