lightbulb
hotpads answers
ask questions about buying and renting real estate, discuss neighborhoods and cities
0 likes
226 views
1 answers
2 years ago
report


What is a sublet?

what is a sublet when renting a property?
answer
like
follow
email me updates when answers are posted
answers (1):
0 likes
0 replies
2 years ago
report


I believe that means you lease it from someone other than the official landlord. So for example, if someone signed a lease for an apartment but 6 months into the lease, their job moves to another state this person cant break their lease so they find someone to move in their place. The new person has to pay rent to the original tenant. and the original tenant pays the landlord. Another term for this is sandwich leasing. Usually illegal because most often than not the landlord doesnt know anything about it.
reply
like

your reply:

email me updates when answers are posted
your answer:

details:

email me updates when answers are posted