sublet

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sublet

verb allow the use of, contract to lease, lease, let out, relet, rent, rent out, sublease, subrent, underlet
Associated concepts: assignment, covenant against subletting, restriction against subletting
See also: lease, rent, sublease
References in periodicals archive ?
The bonds are secured by a mortgage on and an assignment of leases and rents from a mixed-use building containing 97 apartment units, located in Marinette, Wis.
The bonds are secured by a mortgage on and an assignment of leases and rents from a six-building multifamily housing development containing 120 apartment units, located in Kenosha, Wis.
This acquisition, which consists of 180 stores located in 23 airport locations and is conditional upon receiving the necessary regulatory approvals and assignment of leases from the respective airport authorities, significantly furthers a core component of Hudson's strategy: to strengthen the company's position in airport news, gift, and specialty retail operations across North America.
By taking assignment of leases, retailers have the opportunity to enter new markets and gain access to projects they may have previously been unable to penetrate.
It involved arranging the assignment of leases on two buildings and the sale of two others.
The Disposal is conditional upon the assignment of leases.
A merger allows the acquirer to avoid many of the costly and time-consuming aspects of asset purchases, such as the assignment of leases and bulk-sales notifications.

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