sublet


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Assignment of Lease

The transfer of a lease by the lessee to another party. For example, if one rents an apartment, one might sell or give one's friend the right to live there (and the obligation to make payments). The assignor (the original lessee) remains bound by the lease contract if the assignee fails to make his/her obligations, unless the lessor states otherwise. Because of the potential complications, some lessors do not allow lessees to engage in assignment of lease.

sublet

See sublease.

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Only in extraordinary cases sublets are allowed, and only after permission granted by the guardian".
Prevailed upon by Sublet to provide an explanation, Martinette finally blurts out, "My papa ent one lowdown 'Cajun.
Another area that Sublet does not develop, despite her access to a large database, is quantitative variation in naming patterns and its possible significance.
Under the sublet agreement, once rig acceptance procedures have been completed in the U.
If the leaseholder sublets the flat and does not ensure the tenant is subject to all the same housekeeping rules as owner occupiers then real problems arise for everyone - our survey showed this to be at the top of the list of members' concerns.
When you have economic downturns and people can't afford to stay and they can't sell, they seek consent to sublet," Siegler said.
PROPERTY consultants Alder King have sublet a 4,681 sq ft industrial unit on the Treforest Industrial Estate.
The director of the production was cited for filming without a permit, as were two people who sublet the home to the production crew.
The ultimate amount of the charge could be higher or lower than the amount to be recorded by the Company in the second quarter of 2006, depending primarily on the realizable value of the collateral securing the receivables from this customer and the Company's ability to sublet or otherwise dispose of the leased properties on terms different than currently anticipated.
Housing Minister John Healey launched the firstever national crackdown on rogue tenants in a bid to recover up to 10,000 council and housing association homes fraudulently sublet and release them to those in real need.
Housing Minister John Healey launched the firstever national crackdown on tenancy cheats to recover up to 10,000 council and housing association homes fraudulently sublet and release them to those in real need.
The New York City office market continued to soften, but subtle improvements, such as a pickup in leasing activity and a slowdown in the addition of sublet space provided glimmers of optimism during the quarter.