SUBLEASE

SUBLEASE

sublease, n. A lease by a lessee to a third party, conveying some or all of the leased property for a shorter term than that of the lessee, who retains a reversion in the lease. ¡ª Also termed subtenancy; derivative lease; and (esp. in England) underlease. [Cases: Landlord and Tenant 80. C.J.S. Landlord and Tenant ¡ì 46.] ¡ª sublease, sublet, vb.
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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.