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Mark Cunningham from Grace Property Management discusses lease assignments, explaining that they involve any change to the individuals listed on a lease agreement. He clarifies that this is distinct from a straightforward tenant turnover. Lease assignments can occur in various scenarios, such as when one roommate decides to leave, which could require replacing that individual on the lease. Cunningham notes that his team handled 10 lease assignments in the previous month, emphasizing the commonality of this situation, particularly among groups of roommates who may need to adjust their living arrangements when one person moves away.