Outrageously Funny Word Dictionary :: Subleasing

👉 Subleasing is a term used in real estate transactions to describe the transfer of ownership or leasehold interest from one party to another. In this context, "sublease" refers to the right for one person to lease an existing property while retaining some rights and responsibilities associated with it. For example, a landlord might sublet their properties to tenants who want to live in the same building but have less control over its amenities or maintenance. This arrangement is typically done through a lease agreement that outlines the terms

subleasing