Assertion: assignee | /r/CapableOf | assume obligation
Facets:
value: for financial aspects
type: CAUSE
Source sentences:
text: the landlord confirms their consent to the transfer of lease ; the tenant agrees to transfer their entire interest in the lease to the assignee from a specific date (the assignment date); and the assignee, or new tenant, agrees to assume the rights and obligations of the lease as if they were the original tenant (such as repairs, security and payment of rent and outgoings) from the assignment date.
text: This condition ensures that the assignee is able to take on the responsibilities involving the claim, especially for financial aspects.
text: However, if the assignee assumes such obligations either expressly [iii] or impliedly, then he/she will be held liable.[iv]