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?Sublessor.? Merriam-Webster.com Legal Dictionary, Merriam-Webster, .

A sublease is a lease by the lessee of an estate to a third person, conveying all or part of the estate for a shorter term than that for which the lessee holds originally. A sublease is a new contract between the lessee and the sublessee. The original lessee turns into a sublessor in this new contract.

A sublease is the re-renting of property by an existing tenant to a new third party for a portion of the tenant's existing lease contract. The sublease agreement may also be called a sublet.

A sublease is an agreement between the primary tenant on the lease and a secondary tenant or sub-tenant. The sub-tenant pays the tenant their rent every month and the tenant is responsible for paying the rent to the landlord in turn. Some states and municipalities allow landlords to refuse subleases completely.

Even if the lease agreement allows subletting, the tenant has to obtain the landlord's permission first. The main tenant has to obtain the landlord's permission to sublet. If the main tenant sublets the property with the landlord's consent, the tenant may have to pay damages equal to twice the rent amount.

Sub-Lessee means any person, firm, corporation or other legal entity using or occupying or entitled to use or occupy any part of the Premises or the Leasehold Improvements under a Sublease.

No subletting clause samples 04. No Subletting. Lessee shall not sublet any or all of the Properties without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned or delayed.

Make sure you know your local laws and the details of your lease. Know Your Rights ? and Your Current Lease. Some states have laws about subletting. ... Decide Between Subletting and Ending the Lease. ... Tell Your Landlord Your Plan. ... Find a Subtenant. ... Negotiate the Price and Terms. ... Draft a Sublet Agreement. ... With Advice From.