A Leasehold Transfer allows a tenant to legally transfer their lease rights to another party, often through assignment or subletting. This process requires careful review of lease terms, landlord approval, and compliance with New York’s housing regulations. Whether you’re relocating or simply need a new tenant to take over your space, understanding the legal steps is crucial to avoid disputes or penalties. To explore how a Leasehold Transfer works and what protections exist for both tenants and landlords, read this in-depth guide.