Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between a lease and a sublease?

April 26, 2017difference lease sublease

0

Posted

What is the difference between a lease and a sublease?

1 Answer

0

Posted

A lease is a real estate contract between a landlord and a tenant that governs the tenant’s use of the landlord’s facility, including the term, rental, and rules of use. A sublease is a real estate contract between a tenant and another tenant who leases a space from them. The terms of the original landlord/tenant lease remains in force and governs the terms of the sublease.