👉 In the context of real estate, "subrent" refers to a property that has not yet been sold and is held in a non-occupied condition. This can occur for various reasons such as lack of interest from potential buyers or unforeseen circumstances like an unexpected event. Subrent properties are often used by investors who are looking for rental income but do not have the funds required to purchase a full-time property.
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What is the definition of Subrents? 🙋
👉 In the context of real estate, a "subrent" refers to a person who rents an apartment or other residential property for less than the market rate. This can be used as a term to describe someone who is not paying full rent and instead pays a reduced amount. For example, if you rent a flat at $1,500 per month, but want to pay only $980, this could mean that you are subletting (renting an apartment for less than
