Guam Sublease of a Portion of Master Premises with Consent of Lessor

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Multi-State
Control #:
US-1063BG
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Word; 
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Description

A sublease is a lease of all or part of a leased property. A sublessee is someone who has the right to use and occupy rental property leased by a lessee from a lessor. A sublessee has responsibilities to both the lessor and the sublessor. A sublessor must often get the consent of the lessor before subletting rental property to a sublessee. The sublessor still remains responsible for the payment of rent to the lessor and any damages to the property caused by the sublessee.
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Guam Sublease of a Portion of Master Premises with Consent of Lessor