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SUBLEASE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

(A) A lease by a tenant to another tenant of a part of the premises held by him; an underlease. (B) A rental agreement or lease between a tenant and a new tenant (called a sublessee) who will either share the rental or take over from the first tenant. The sublessee pays rent directly to the tenant. The tenant is still completely responsible to the landlord for the rent and for any damage, including that caused by the sublessee. Most landlords prohibit subleases unless they have given prior written consent. Compare assignment.

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