# Assignment

> A full transfer of all lease obligations from the prime tenant to a new tenant.

**Canonical URL:** https://classa.info/glossary/assignment
**Page type:** glossary
**Last updated:** 2026-04-01T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- A full transfer of all lease obligations from the prime tenant to a new tenant.
- Assignment fully releases the prime tenant (or retains them as guarantor).

## Key facts
- **category**: Lease structure
- **regionScope**: Global

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Citation: Source: Class A Atlas (https://classa.info/glossary/assignment), updated 2026-04-01T00:00:00.000Z.