Definitions for "Sublessor" Add To Word List
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A tenant who leases the premises to another person.
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original tenant in a lease who elects to lease out his/her interest in the lease to a third party (sublessee), the sublessor still pays the landlord rental
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The entity who is the original Lessee on the Master Lease and who is the responsible party until the expiration date of the Master Lease.
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A lessee (tenant) who leases part of his or her interest to a third party (sublessee) but retains some interest in the property.
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