Business Activity

Assign leasehold benefit

An assignment of leasehold benefit is often used when someone wants to extend their lease. By assigning the leasehold benefit to another person, they can effectively extend the lease without having to go through the process of renewing it themselves. Additionally, an assignment of leasehold benefit can be used to transfer the lease to another person. This can be helpful if the original leaseholder can no longer afford the payments or wants to move out of the property. Finally, an assignment of leasehold benefit can be used to add someone else to the lease. This can be helpful if the original leaseholder wants to have a co-signer or guarantor on the lease.

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