In the assignment of a lease, what is true regarding what is transferred?

When a lease is assigned, the key aspect to understand is that the entire leasehold interest is transferred from the original tenant (the assignor) to the new tenant (the assignee). This means that the assignee takes over all rights under the lease, including the right to occupy and use the premises as specified in the lease.

In this scenario, the assignor relinquishes their position and rights associated with the lease for the duration of the assigned lease term. The original lease agreement continues to exist; however, the responsibilities and obligations associated with the lease come primarily onto the shoulders of the assignee during the assignment period.

The other choices don't accurately reflect the nature of lease assignment. Only transferring partial rights would not constitute a full assignment; only transferring responsibilities would leave the original tenant still holding significant rights; while saying that the original lease remains intact is true in the sense that it continues to exist, it does not capture the essence of the transfer of interest that occurs during an assignment. Therefore, the notion that the entire leasehold is transferred captures the complete understanding of lease assignment and its implications for both parties involved.