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and were going to be continuing our video series on commercial leases were going to talk about a couple of terms here that you often see together but before i begin be sure you click the subscribe button you can see that down below there if you hit the little bell symbol youll also get notice when we upload new content so the terms that were going to be talking about today are assignment and subletting now these are often buried towards the back of a commercial lease its one of these kinds of well if you talk to commercial real estate people theyll say its a standard term or it is a a boilerplate term and to a certain extent it is but first of all lets design what assignment is assignment is transferring the lease to another person so um it often comes in things like you wont shall not assign transfer move or hypothecate or what have you various sorts of fancy legal terms that have the meaning of you cant transfer the lease to a third party without the consent of the landlor
