sandwich lease

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Sandwich Lease

A lease in which a party who previously rented a property re-rents to another party. In a sandwich lease, the lessee becomes a lessor.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

sandwich lease

The lease that exists between a tenant and subtenant when one subleases space.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.