sublease[sub′lēs′; for v. sub lēs′]
a lease granted by a lessee to another person of all or part of the property
transitive verbsub·leased, sub·leas·ing, sub·leas·es
- To sublet (property).
- To rent (property) under a sublease.
A lease of property granted by a lessee.
- A lease on something made by someone who already leases it.
(third-person singular simple present subleases, present participle subleasing, simple past and past participle subleased)
sublease - Legal Definition
A lease held by a lessee who has, in turn, leased part or all of the leased property to another sublessee; the original lease may require approval by landlord before subleasing.