0 a person who formally allows someone else to rent from them all or part of a building that they are renting from the owner
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.