---
title: "Assignment — Class A Atlas glossary"
description: "A full transfer of all lease obligations from the prime tenant to a new tenant."
canonical: https://classa.info/glossary/assignment
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

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

## 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).

# Assignment

*Lease structure · Global*

## Short definition

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

## Full definition

Assignment fully releases the prime tenant (or retains them as guarantor). Harder to negotiate landlord consent for than a [sublease](/topics/sublease-strategy)">sublease. Standard in M&A contexts.

## Why this matters for Class A leasing

Assignment is part of the lease structure vocabulary that institutional [Class A](/glossary/class-a) occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so [cross-border](/topics/cross-border-expansion) occupiers can translate quickly.

## See also

- [Sublease](/glossary/sublease)
- [Consent to sublet](/glossary/consent-to-sublet)

## Related guides

- [Subleases and assignments: when, how, and at what cost](/guides/subleases-and-assignments)

---

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