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2 votes
A tenant still has five months remaining on a one-year apartment lease. When the tenant moves to another city, the tenant transfers possession of the apartment to a friend for the entire remaining term of the lease. The friend pays rent directly to the tenant. In this situation, the tenant has become

asked
User Xtremist
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8.1k points

1 Answer

1 vote

Answer:

A sublessor.

Step-by-step explanation:

In this scenario, a tenant still has five months remaining on a one-year apartment lease. When the tenant moves to another city, the tenant transfers possession of the apartment to a friend for the entire remaining term of the lease. The friend pays rent directly to the tenant. In this situation, the tenant has become a sublessor.

A sublessor can be defined as an individual (tenant) who rents a property from a landlord and then goes ahead to lease it to another.

This simply means that, when a lesse (tenant) of a property grants his lease to another party, he or she is referred to as the sublessor.

answered
User Wietse Venema
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7.0k points
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