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sublease
(redirected from subleases)

    Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

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 by a tenant to another tenant of a part of the premises held by him; an underlease.
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Subleases Miami commercial real estate properties are also good for small business.
The Pros and Cons of Subleasing Miami Commercial Real Estate ... by Mark Michael Ferrer / Real estate industry community
Short-term subleases for a year or less are becoming more common, and many of the "pop-up" stores sprouting in Manhattan are sublease deals.
When flagships call it quits by Curan, Catherine / The Real Deal
But if your tenant subleases, then you can''t go after the sublessee at all (only your tenant can), and you''re going to have to sue your tenant because you have no legal relationship with the sublessee (this immunity is not absolute of course - you can still sue the sublessee if he trashes your house, for example, and you can even evict the sublessee and if your original lease with your tenant forbade him to sublease).
Legalese Explained What Is A Sublease? by Bob Miles / Law community
 
 
 
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