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Source Landlord Duties Complete Real Property List Matched to this deck.

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0 tracked cards Real Property

Tenant leases a store for five years. After two years, Tenant transfers to Transferee all of Tenant's rights to possess the store for the entire remaining three years.
How is the transfer best classified?

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A mortgage, because rent remains due. A tenancy at sufferance, because the landlord did not sign the transfer document. A sublease, because every transfer by a tenant is a sublease. An assignment, because the tenant transferred the entire remaining lease term.

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