How to assign the lease to another party


Scenario:

To develop what you believe is a terrific idea for a video game, you lease 50,000 square feet in an office building from Commercial Property, LLC, under a written five-year lease. Your goal is to put the game on the market within two years. Several months into the term, a competitor unexpectedly releases a new game title featuring play that would make your game appear to be a poorly crafted imitation.

Would you be able to assign the lease to another party?

Describe the reasoning behind your answer.

 

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Business Law and Ethics: How to assign the lease to another party
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