What does sublease mean?
Definitions for sublease
ˈsʌbˌlis; sʌbˈlissub·lease
This dictionary definitions page includes all the possible meanings, example usage and translations of the word sublease.
Princeton's WordNet
sublease, subletverb
a lease from one lessee to another
sublet, subleaseverb
lease or rent all or part of (a leased or rented property) to another person
"We sublet our apartment over the summer"
Wiktionary
subleasenoun
A lease on something made by someone who already leases it.
subleaseverb
To lease something that is already leased; to sublet.
Wikipedia
sublease
A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the lessor and the lessee. The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for regular rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use.
ChatGPT
sublease
A sublease is a legal agreement where a tenant, who is currently renting a property, rents out part or all of the property to another person known as subtenant. The original tenant remains responsible for paying rent to the landlord and upholding the terms of the original lease. The subtenant, under the sublease, likely pays rent to the original tenant. A sublease agreement should not exceed the end date of original lease.
Webster Dictionary
Subleasenoun
a lease by a tenant or lessee to another person; an underlease
Chambers 20th Century Dictionary
Sublease
sub-lēs′, n. an under-lease or lease by a tenant to another.—n. Sub′lessee, the holder of a sublease.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of sublease in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of sublease in Pythagorean Numerology is: 3
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"sublease." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/sublease>.
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