Sublease (Noun)
Meaning
A lease from one lessee to another.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The tenant signed a sublease with a new roommate to take over the remaining six months of the original lease.
- The company was able to sublease the extra office space to a startup for a fraction of the original rent.
- After graduating, she subleased her apartment to a friend who was moving to the city for work.
- The sublease agreement included a clause that prohibited the new tenant from making any major changes to the property.
- The landlord required written approval before allowing the tenant to sublease the property to someone else.