What does subleasing mean?
What does subleasing mean?
Definition of sublease. (Entry 1 of 2) : a lease by a tenant or lessee of part or all of leased premises to another person but with the original tenant retaining some right or interest under the original lease. sublease.
What is a sublease on an apartment?
When a tenant whose name is on the lease rents a room, a portion of the property, or all of the property to another, it is referred to as subleasing (or subletting). The subtenant must pay rent and comply with the lease terms, but the principal tenant remains ultimately responsible for the lease.
What is the difference between sublet and sublease?
As verbs the difference between sublease and sublet is that sublease is to lease something that is already leased; to sublet while sublet is to lease or rent all or part of (a property) (to another person).
Is subleasing safe?
You should be wary of subletting your apartment because there are risks, and the risks are serious. Many subtenants damage the apartment on purpose, which you'll have to pay for in many cases. The landlord may evict you if subletting violates the lease agreement.