Question

Oak Grove Residences, Inc., owns apartment buildings. Pedro leases one of Oak Grove's apartments. Pedro's transfer of his interest in the lease to Quito for a period shorter than the lease term is:

a. eviction.
b. assignment.
c. right of entry.
d. sublease.

Answer 1

The correct answer is sublease.

Step-by-step explanation:

The correct answer is sublease.

A sublease occurs when the tenant (in this case, Pedro) transfers their interest in the lease to another person (Quito) for a period shorter than the lease term. This means that Quito will become the new tenant and will be responsible for paying rent and following the terms of the lease.

This is different from an assignment, which is when the tenant transfers their entire interest in the lease to another person, who then takes on all rights and responsibilities of the original lease.