Final answer:
When a man assigns his lease to a friend, the friend becomes the tenant and takes over all rights and obligations of the lease. This legal transaction, known as an assignment, makes the friend responsible for fulfilling the terms of the lease agreement with the landlord.
Step-by-step explanation:
When a man assigns his lease to a friend, the friend assumes the role of a tenant.
This process involves transferring all rights and obligations under the lease agreement from the original tenant (the assignor) to the new tenant (the assignee).
The assignee becomes responsible for paying rent, maintaining the property, and adhering to the terms of the lease as though they were the original party to the agreement. In legal terms, the friend steps into the shoes of the original tenant and becomes the primary party in dealing with the landlord. It is crucial that all parties involved - the original tenant, the new tenant, and the landlord - understand and agree to this assignment to ensure a shared reality and prevent potential disputes.