Sublease - Law Dictionary Search Results
sublease
Matched in: Term sublease
Renewal of lease
is unexpired [see s. 149(3), (English) Law of Property Act, 1925]. Corresponding provisions are made in regard to subleases with perpetual right of renewal. A comprehensive code on this subject is provided in the (English) L.P. Act,
assignment
by a tenant of all of his or her remaining rights in a property under a lease compare sublease effective assignment : an assignment by which the assignor's interest in the property or right being assigned is
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lease
owner ;also : the act of such conveyance or the term for which it is made see also sublease compare easement, license security interest at interest, tenancy NOTE: Article 2A of the Uniform Commercial Code, which governs
leasehold insurance
leasehold insurance : insurance against loss to a lessee (as of profits derived from a sublease) because of cancellation of a lease as a result of fire or other specified peril
sublessee
sublessee : a lessee under a sublease
sublessor
sublessor : one that grants a sublease
sublet
sublet -let -let·ting vt : to make or obtain a sublease of vi : to lease all or part of a leased property
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