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Sublet
Sublet The partial transfer of a tenant's right in a rental property to a third party.
RELATED TERMS--------------------------------------
Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.
SIMILAR TERMS--------------------------------------
Sublease
A lease given by a lessee for a portion of the leasehold interest, while the lessee retains some reversionary interest.
Sublessee
A person or identity to whom the rights of use and occupancy under a lease have been conveyed, while the original lessee retains primary responsibility for the obligations of the lease.
Subletting
The leasing of space from one tenant to another tenant.
PREVIOUS AND NEXT TERMS--------------------------------------
Subjacent support
The right of land to be supported by land which lies beneath it.
Subject property
A reference to the real property under discussion, or the real property under appraisal.
Subject to
The recognition by a buyer of conditions (such as a prior loan), which are not the buyer's legal responsibility.
Sublease
A lease given by a lessee for a portion of the leasehold interest, while the lessee retains some reversionary interest.
Sublessee
A person or identity to whom the rights of use and occupancy under a lease have been conveyed, while the original lessee retains primary responsibility for the obligations of the lease.
Sublet
Subletting
The leasing of space from one tenant to another tenant.
Subordinate
To place in a rank of lesser importance or to make one claim secondary to another.
Subordinate financing
Any mortgage or other lien that has a priority that is lower than that of the first mortgage.
Subordinate loan
A mortgage whose priority is below that of another mortgage.
Subordinated classes
With regard to CMBS, describes those classes with the lowest priority to receive payments from the underlying mortgage loans.
This dictionary contains 6433 terms. |
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