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Bookmark or Share- Sublease - Definition, Examples, Cases, Processes - Legal DictionaryA sublease is a rental agreement between someone who has leased a house or apartment, and another person who wishes take over. Typically, a sublease is created when a tenant finds that he cannot continue meeting the terms of the lease as agreed.
- How Does Subleasing Work? How to Sublet and Not Get BurnedAlso known as a subletting, this arrangement allows someone to rent a home from someone else who is already renting the property. It can be a lifesaver for both tenants seeking short-term digs, as...
- What Is a Sublease? Meaning, vs. Sublet, and Example - InvestopediaA sublease is the re-renting of property by an existing tenant to a new third party for a portion of the tenant’s existing lease contract. Subleasing may or may not be permitted in the terms of...
- Sublease | Definition, Terms, Conditions, Benefits, and RisksWhat Is a Sublease? A sublease refers to an arrangement where a tenant leases all or a portion of their rented property to another party, known as the subtenant. In this agreement, the original tenant becomes the sublessor and assumes the role of the landlord to the subtenant.
- Should You Allow Subleasing in Your Rental Property? 8 Pros and ConsA sublease is an agreement between an existing tenant and a new third party where the third party, known as the subtenant, agrees to fulfill the remainder of the tenant’s existing lease contract. This often occurs when an existing tenant moves out unexpectedly for reasons like finding a new job or getting married. Finding a subtenant allows ...
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