Deed of Sublease

    LEGAL

    A legal document by which a tenant transfers part or all of their leasehold interest to a third party for a period within the original lease.

    See also

    Subletting

    A situation where a tenant rents all or part of a property to another occupant, usually requiring prior approval.

    Lease

    A formal agreement granting a tenant the right to occupy and use a property for a defined period under stated terms.