Hobby Farms, Inc., owns rural property that it leases to various tenants, including Ira. Ira's transfer of his entire interest in the leased property to aJason isa. an assignment. b. an eviction. c. a right of entry. d. a sublease

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Business

Noe Navarro

28 May, 14:31

Hobby Farms, Inc., owns rural property that it leases to various tenants, including Ira. Ira's transfer of his entire interest in the leased property to aJason isa. an assignment. b. an eviction. c. a right of entry. d. a sublease

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Peyton · Answer 1

D (sublease)

Explanation:

Sublease is the agreement in which the tenant (sublandlord) gives the right to take over or use the property to a new tenant. But sublandlord needs to get the consent of owner first before subleasing it to a new tenant. Also, still in this situation the owner holds sub landlord responsible for that property. Rent will be paid to sublandlord which then pays it to the owner.