The Real Estate Encyclopedia
What Is A Sublease?
Category - Real Estate Information Sources - General Real Estate Information

A sublease occurs when a tenant transfers less than all the leasehold interests by subleasing to a new tenant.  In this arrangement, there are two landlord-tenant relationships.  The original agreement between the lessor (landlord) and the lessee (original tenant) remains.  A new landlord-tenant relationship is created between the lessee and the sublessee. 

 
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Home Ownership Questions - Lease & Renting FAQ's
Real Estate Information Sources - General Real Estate Information
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