A renting agreement is usually between the owner of an asset (like a home) and the party that wants to use the asset for a certain duration. In real estate law, sublease is an arrangement in which the lessee in a lease assigns the lease to a third party, thereby making the old lessee the sublessor, and the new lessee the sublessee.
A rental contract (also known as a lease) often forbids the lessee to sublease the property to a third party.
Comparison chart
Rent versus Sublease comparison chart
 | Rent | Sublease |
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Meaning | The periodic payment made to the owner of a property for the use of said property, as determined by a lease (rental) agreement. |
In real estate law, sublease is an arrangement in which the lessee in a lease assigns the lease to a third party, thereby making the old lessee the sublessor, and the new lessee the sublessee |
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