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sublease
(redirected from subleases)

   Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia 0.03 sec.
sublease
A lease by a tenant to a subtenant of part or all of the premises leased by him, for part or all of the term of his lease.


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Subleases Miami commercial real estate properties are also good for small business.
Short-term subleases for a year or less are becoming more common, and many of the "pop-up" stores sprouting in Manhattan are sublease deals.
But if your tenant subleases, then you can''t go after the sublessee at all (only your tenant can), and you''re going to have to sue your tenant because you have no legal relationship with the sublessee (this immunity is not absolute of course - you can still sue the sublessee if he trashes your house, for example, and you can even evict the sublessee and if your original lease with your tenant forbade him to sublease).
 
 
 
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