Subleasing definition
Examples of Subleasing in a sentence
Subleasing (Sub-Letting) – A type of arrangement where the current tenant of a property re-rents the premises to a third (3rd) party.
Subleasing fee must be paid in full and cannot be deducted from security deposits.
Subleasing includes receiving payment to cover rent and utility costs by a person living in the unit who is not listed as a family member.
Subleasing of the leased property requires the written permission of the landlord.
For purposes of calculating the Transfer Premium on a monthly basis, Tenant's Subleasing Costs shall be deemed to be expended by Tenant in equal monthly amounts over the entire term of the Transfer.
For purposes of calculating the Transfer Premium on a monthly basis, Tenant’s Subleasing Costs shall be deemed to be expended by Tenant in equal monthly amounts over the entire term of the Transfer.
Subleasing shall not in any way relieve Tenant from the obligations contained in this lease.
For purposes of calculating the Transfer Premium on an annual basis, Tenant’s Subleasing Costs shall be deemed to be offset against the first rent, additional rent or other consideration payable by the Transferee, until such Subleasing Costs are exhausted.
For purposes of calculating the Transfer Premium on an annual basis, Tenant's Subleasing Costs shall be deemed to be offset against the first rent, additional rent or other consideration payable by the Transferee, until such Subleasing Costs are exhausted.
Subleasing ..........................................................................................................