sublet(redirected from assignment of lease)
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v. sub·let, sub·let·ting, sub·lets
a. To rent (property) from one who is a lessee rather than the owner.
b. To rent (property one holds by lease) to another.
2. To subcontract (work).
a. To rent property from one who is a lessee rather than the owner.
b. To rent property one holds by lease to another.
2. To be available for rent by a tenant to another party: This apartment sublets for $1,500 a month.
Property, especially an apartment, rented by a tenant to another party.
vb, -lets, -letting or -let
1. (Law) to grant a sublease of (property)
2. (Law) to let out (work, etc) under a subcontract
(Law) informal chiefly US a sublease
sub•let(v. sʌbˈlɛt, ˈsʌbˌlɛt; n. ˈsʌbˌlɛt)
v. -let, -let•ting,
n. v.t., v.i.
1. to sublease.
2. to subcontract.n.
4. a property, as an apartment, obtained by subleasing.
Past participle: sublet
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|Noun||1.||sublet - a lease from one lessee to another|
|Verb||1.||sublet - lease or rent all or part of (a leased or rented property) to another person; "We sublet our apartment over the summer"|