Sublease
1sublease — sub·lease / səb ˌlēs/ n: a lease that is given by a tenant or lessee to another person of part or all of the leased premises for a shorter term than that of the original lease and under which some interest is retained compare assignment of lease… …
2sublease — sub‧lease [ˈsʌb liːs ǁ sʌbˈliːs] noun [countable] PROPERTY an agreement in which someone who rents property from its owner then rents that property to someone else: • The firm has obtained subleases for its excess office space. sublease verb… …
3sublease — [sub′lēs΄; ] for v. [ sub lēs′] n. a lease granted by a lessee to another person of all or part of the property vt. subleased, subleasing to grant, obtain, or hold a sublease of sublessee [sub΄les ē′] n. sublessor [sub les′ôr΄, sub΄les ôr′] n …
4Sublease — Sub lease , n. (Law) A lease by a tenant or lessee to another person; an underlease. Bouvier. [1913 Webster] …
5sublease — 1826 (n.); 1830s (v.); from SUB (Cf. sub ) + LEASE (Cf. lease). Related: Subleased; subleasing …
6sublease — UK [ˈsʌbˌliːs] / US [ˈsʌbˌlɪs] noun [countable] Word forms sublease : singular sublease plural subleases a contract that allows someone to rent a flat, house, or office from a person who is renting it from someone else Derived word: sublease UK… …
7Sublease — A real property rental agreement between an original tenant and a new tenant. The most common type of lease arrangement is between the landlord who owns the property and a tenant. If that tenant finds him or herself unable to continue meeting the …
8Sublease — In real estate law, sublease (or, less formally,sublet) is the name given to an arrangement in which the lessee in a lease assigns the lease to a third party, thereby making the old lessee the sublessor, and the new lessee the sublessee, or… …
9sublease — sub•lease n. [[t]ˈsʌbˌlis[/t]] v. [[t]sʌbˈlis[/t]] n. v. leased, leas•ing 1) law a lease granted to another person by the lessee of a property 2) law to grant a sublease of 3) law to take or hold a sublease of 4) law to grant or hold a sublease;… …
10sublease — sublessee /sub le see /, n. sublessor /sub les awr, sub le sawr /, n. n. /sub lees /; v. /sub lees /, n., v., subleased, subleasing. n. 1. a lease granted by one who is already a lessee of a property, as an apartment. v.t. 2. to grant a sublease… …