Friday, October 20th 2017

Question

What is a sub lease?

Interesting Question?   (3)   (5)



Answers (1)

18th Nov 2009 by JonB

A sublease is lease offered by somebody who are themselves leasing. Most leasing parties do not allow subletting, but some do. An example of a sublease would be if John was leasing apartment A from an agency. He decided to move, but instead of canceling his lease, he leases the apartment to somebody else who is accountable to him while he is still accountable to the original agency. Subletting can be useful especially if the value of the area has gone up since you signed your lease,meaning there is a potential for a net profit in the spread between your lease and the lease you offer someone else.

Like This Answer?   (0)   (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com



17th Nov 2009 In Leasing 1 Answers | 532 Views
Subjects: sub lease,

Answer This Question / Give Your Opinion
What is a sub lease?


Answer: *

What country is this answer relevent to? *
Your Name: *

Enter Verification Number: *


Give Your Opinion
What is a community bank?
Share a simple answer to help inform others:
Specific to any country?
First name / Alias

• Your answer will be posted here:
What is a community bank?
Unanswered Questions in Leasing
What is a corporate fleet lease?
What is a capital lease?
What is the cheapest car to lease?
What does it cost to lease a car?
What is a net lease?

Answered Questions in Leasing
What is a commercial lease?
What is a short term lease?
What is a month to month lease?
What is lease financing?
What is a ground lease?
Ask A Question
Get opinions on what you want to know:
Specific to any country?