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An assignment is the transfer of a lease between the current tennant and a prospective tenant.

A sublet is a lease held from a lessor who has a superior landlord.

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14y ago

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Related Questions

If you lease a house can you lease it out to another?

You can sublet only if lease allows.


What is the meaning of sublet?

of Sublet, To underlet; to lease, as when a lessee leases to another person.


What is the difference between a life estate and a life lease?

what is the difference between a life lease and a life estate


How do you spell sublease?

That is the correct spelling of "sublease" (lease used to sublet a property).


What does sublet mean?

To lease or rent your already leased or rented apartment/house


What is the difference between an assignment and a sublease in a rental agreement?

In a rental agreement, an assignment involves transferring the lease to another person entirely, who then takes over all rights and responsibilities. A sublease, on the other hand, involves renting out the property to someone else for a specific period of time, while the original tenant remains responsible for the lease.


Can my roommate sublet without my consent?

In most cases, your roommate cannot sublet without your consent. Subletting typically requires the approval of all leaseholders or tenants, so your permission would likely be needed for your roommate to sublet the property. It's important to review your lease agreement and discuss any subletting arrangements with your roommate and landlord to ensure compliance with the terms of the lease.


Are you responsible for your sublet if your lease ended and they stayed?

This all depends on the terms of your lease. Most apartment complexes do not allow a tenant to sublet. So if the main tenant terminates the tendency, this termination will include everyone. The main tenant is the one who will be responsible to give the landlord back into the apartment.


Which type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?

Open-end lease


What type of lease makes you responsible for any difference between the actual and estimated depreciation on the car you lease?

Open End lease


Not granted permission to sublet can you sue for back rent?

You cannot sue for back rent to a tenant who has sublet in the apartment, when you the landlord did not give permission for that to happen in the first place. You have the right to evict the tenant or to force the tenant not to sublet the apartment. You could write into the lease that if you tenant does sublet, a fee can be charged for every month the subletting occurs, until the subletting ends.


What is a overlease?

An overlease is a lease agreement between a tenant and a subtenant, where the subtenant leases the property from the tenant who is already leasing the property from the landlord. It allows the original tenant to sublet the property to another party.