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Residential Lease Question

Posted by Kathleen on March 10, 2001 at 10:23:40:

I was wondering if anyone here knew EXACTLY what this paragraph in a lease means? I would appreciate, in layman's terms, an explaination. Thank you. ~Kathleen

>>>>>Binding on Successors
This lease shall be binding on and shall inure to the benefit of the heirs, executors, administrators, successors, and assigns of Landlord and Tenant. Nothing in this section shall be construed as a consent by Landlord to any assignment of this Lease or any interest in it by Tenant. >>>>>

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