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The sublease gives the subtenant the right to share or to take over the rented premises from the original tenant. Typically, the subtenant pays rent directly to the first tenant while the first tenant pays rent directly to the landlord. Alternatively, the subtenant can pay the rent directly to the landlord.

A sublease is a lease by the lessee of an estate to a third person, conveying all or part of the estate for a shorter term than that for which the lessee holds originally. A sublease is a new contract between the lessee and the sublessee. The original lessee turns into a sublessor in this new contract.

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Cons of a sublease agreement A sublease contract means less control over apartment changes. ... Lack of renewal opportunities or security with future lease. ... Limited amenities on the rental property. ... Heavy reliance on original tenant's obligations.

A sublease is a process of renting out a property to a third party by a tenant for a time period of the lease contract of the existing tenant. Lease contracts are contracts between a tenant and the owner of the property.

A sublease is the legal transfer of tenancy from an existing tenant to a third party for a specified period. The owner of the real estate must typically approve any subletting arrangement offered by the first tenant, subject to local laws and regulations.