What is a Sublease?A Sublease occurs when an occupant rents out a portion or the entirety of their leased space to another party. The original occupant remains legally responsible for the lease, while the subtenant assumes payment and usage obligations. Tenant-Landlord Approval: Some contracts prohibit subleasing. Financial Responsibility: Primary occupant remains liable for payments. Short-Term Flexibility: Often used for temporary relocations. Market-Based Pricing: Can be above or below the original rent.Subleasing maximizes unused space but requires careful contract reviews to prevent disputes.

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What is a Sublease?

A Sublease occurs when an occupant rents out a portion or the entirety of their leased space to another party. The original occupant remains legally responsible for the lease, while the subtenant assumes payment and usage obligations.

Tenant-Landlord Approval: Some contracts prohibit subleasing.
Financial Responsibility: Primary occupant remains liable for payments.
Short-Term Flexibility: Often used for temporary relocations.
Market-Based Pricing: Can be above or below the original rent.

Subleasing maximizes unused space but requires careful contract reviews to prevent disputes.

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What is a Sublease?