sublease

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sublease

n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. In any event, the original tenant (lessee) is still responsible for paying the rent to the owner (landlord/lessor) through the term of the original lease and sublease. (See: lease, rent)

sublease

verb allow the use of, demise, grant a deeise, grant a lease, hire, let out, make available for rent, rent, rent out, sublet, subrent, underlet

sublease

a lease of property made by a person who is himself a lessee or tenant of that property, or the act of granting or taking such a lease.

SUBLEASE. A lease by a tenant to another tenant of a part of the premises held by him; an underlease.

References in periodicals archive ?
The council sold him a 99-year lease for pounds 10,000 for the unit next door, which he went were raised, but the Wales Audit Office has rejected a request to investigate the matter PICTURE: Matthew Horwood [umlaut] * Former councillor Michael on to sub-let.
You should, of course, consider very carefully the terms of your lease before taking any steps to sub-let.
However Labour yesterday confirmed there was a sixth sub-let - to the Third Age Group, a voluntary organisation for the elderly.
We have been able to sub-let our client's surplus accommodation within six months of instruction.
PEOPLE who were occupying an overcrowded, sub-let council house at Smethwick were kicked out by police and housing officials within hours of a report being made to a police-organised coffee morning.
IT is possible that under the terms of your lease you are not entitled to sub-let part of the property, or even the whole of it.
Darren McFadden claimed he had sub-let the building to a man to store furniture.
Page, 60, had continued to claim benefit at the property in the Watergate Buildings, Sandhill, Newcastle, while he sub-let the flat.
About 10,000 council and housing association homes nationwide are fraudulently sub-let, denying those in real need amid chronic shortages is social housing, the Government says.
The firm, which shares a non-executive director with its client in this deal, is also working with Naylors to sub-let the Newcastle office from which it has moved.
The Spaniard would sub-let the rented Earl's Court home to young women when he went travelling but would suddenly return early and unexpectedly,neighbour Noel O'Sullivan said.
Consus's former Cheshire Lines building has been sub-let to Wirral council.