Assignment vs Sublease (Leases)

National · Leasing & Property Management — free cheat sheet for the real estate licensing exam.

🔑 Leasing & Property Management

📋 The 1-minute cheat sheet

Assignment: transfer the ENTIRE remaining term — assignee pays landlord directly
Sublease: transfer PART of the term/space — original tenant stays the landlord's tenant
Original tenant remains LIABLE in both (unless released by novation)
Leases commonly require landlord consent — 'not unreasonably withheld'
Exam cue: entire remainder = assignment; anything less = sublease

Is Assignment vs Sublease (Leases) on the real estate exam?

Yes. Leasing & Property Management is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.