sublessor Meaning & Definition

  • En [ ˌsʌbˈlesər]
  • Us [ ]

Meaning of sublessor In English

More Definitions of sublessor

Examples of sublessor

  • The rent which the original lessor pays is one and the sublessor pays another.

  • The sublessor remains liable to the original lessor in accordance with the initial lease, including all remaining rent payments, including operating expenses and all other original lease terms.

  • However, if market prices have increased since the original lease was signed, the sublessor might be able to secure a higher rent price than what is owed the original lessor.

More Examples of sublessor

NEW WORDS

European

May 10, 2021

Read More

WORD OF THE DAY

Shimmer

May 10, 2021

About this