What is a Sublease?

A Sublease occurs when an occupant rents out a portion or the entirety of their leased space to another party. The original occupant remains legally responsible for the lease, while the subtenant assumes payment and usage obligations.

• Tenant-Landlord Approval: Some contracts prohibit subleasing.
• Financial Responsibility: Primary occupant remains liable for payments.
• Short-Term Flexibility: Often used for temporary relocations.
• Market-Based Pricing: Can be above or below the original rent.

Subleasing maximizes unused space but requires careful contract reviews to prevent disputes.