What's the difference between lease and sublet?

Lease


Definition:

  • (v. i.) To gather what harvesters have left behind; to glean.
  • (v. t.) To grant to another by lease the possession of, as of lands, tenements, and hereditaments; to let; to demise; as, a landowner leases a farm to a tenant; -- sometimes with out.
  • (v. t.) To hold under a lease; to take lease of; as, a tenant leases his land from the owner.
  • (v. t.) A demise or letting of lands, tenements, or hereditaments to another for life, for a term of years, or at will, or for any less interest than that which the lessor has in the property, usually for a specified rent or compensation.
  • (v. t.) The contract for such letting.
  • (v. t.) Any tenure by grant or permission; the time for which such a tenure holds good; allotted time.

Example Sentences:

  • (1) Mindful of their own health ahead of their mission, astronauts at the Russia-leased launchpad in Kazakhstan remain in strict isolation in the days ahead of any launch to avoid exposure to infection.
  • (2) In 2005, Westbrook bought the £190m head lease for Dolphin Square, once the largest block of flats in the world with a colourful list of former residents, including more than 70 MPs, at least 10 Lords and a number of intelligence agency personnel.
  • (3) The Labour leadership election gained a new lease of life today as parliament's first black female MP, Diane Abbott , entered the race and the party extended the deadline for nominations, giving extra time for new candidates to emerge.
  • (4) In 2012, the state and county committed $226m to the team in a new lease deal.
  • (5) In addition, another 25 million acres of state and federal lands in the U.S. Arctic — onshore and off — are open to oil and gas leasing; of that,13.5 million acres have already been leased.
  • (6) A student who lost her leg in the Alton Towers rollercoaster crash says she has been given a new lease of life by a hi-tech prosthetic leg and that she is stronger for her harrowing experience.
  • (7) Many articles published on the topic of lease financing point only to the benefits that may be derived.
  • (8) The MD-83 aircraft, owned by Spanish company Swiftair and leased by Algeria's flagship carrier, disappeared from radar less than an hour after it took off from Ouagadougou for Algiers.
  • (9) Although providing a new lease on life is very rewarding within itself, it can also be stressful for all involved.
  • (10) His lieutenants have floated the possibility that whoever takes over our roads could get them on 100-year leases – which would just be transferring a public asset to some private-sector oligarch.
  • (11) The retailer has also taken a £70m hit from onerous leases, and distribution centre closures in Harlow and Weybridge cost £30m.
  • (12) NT chief minister Adam Giles said the decision to lease the port rather than sell allowed the government to ensure conditions are upheld.
  • (13) But landlords often put your rent up massively at the end of your lease, meaning you have to move every two years."
  • (14) The village of Point Hope, Alaska, joined by numerous native and environmental groups, is now challenging offshore development on the 2.9 million acres in the Chukchi Sea, contending that MMS violated federal environmental laws when it conducted the lease sales.
  • (15) Her rent was increased by $20 as soon as her fixed-term lease ended, despite already being more expensive than similar properties in the area.
  • (16) That approval was therefore invalid, she said, adding the company was yet to obtain a mining lease for Alpha.
  • (17) But as Kathimerini.com reports, the plan is to definitely to lease the islands, not sell them forever: The fund reviewed 562 of the estimated 6,000 islands and islets under Greek sovereignty.
  • (18) The company hired by Royal Dutch Shell plc in 2012 to drill on petroleum leases in the Chukchi — Sugarland, Texas-based Noble Drilling US LLC — in December agreed to pay $12.2m after pleading guilty to eight felony environmental and maritime crimes on board the Noble Discoverer.
  • (19) However, Adani has turned to the national native title tribunal to override this objection, which would allow the state government to issue a lease for the mine.
  • (20) Contracts with a Lend Lease-led consortium were signed last week and construction is due to begin this year.

Sublet


Definition:

  • (imp. & p. p.) of Sublet
  • (v. t.) To underlet; to lease, as when a lessee leases to another person.

Example Sentences:

  • (1) If you’re renting your home, you are likely to find subletting is banned and could be cause for a disgruntled landlord to evict you.
  • (2) The biggest problem, he foresees, would be illegal subletting, but such is the strength of community involvement among tenants, who have been involved in the regeneration project at all stages, he suspects this would be minimal.
  • (3) An emerging critique today was that many difficult problems have been sublet to commissions and reviews.
  • (4) The investigations were carried out on rabbits irradiated with subletal (400R) and letal (800 and 1200R) doses of ionizing radiation.
  • (5) Second, because it shows that Miliband rightly wants to lead from the front and not sublet economic policy to the shadow chancellor as Tony Blair did; the key public spending shadow team will now be Miliband, Johnson and the new work and pensions shadow, Douglas Alexander, a well-balanced group.
  • (6) The apartments, which are rented by the hospital and sublet to the patients, are located in modern, well-maintained high-rise buildings within commuting distance from the hospital.
  • (7) The office also claims that Matthias D allowed Böhnhardt to sublet one apartment under an alias as the three committed terrorist acts including murders and bank robberies.
  • (8) The bank has the option to take all the floors or sublet it to tenants.
  • (9) I'm going to search for a sublet, and then I will ask all my friends.
  • (10) Tangled up in all this is illicit stuff that teeters into outright criminality: illegal gangmasters who recruit people in eastern Europe ; the unauthorised subletting whereby houses are crammed with people living two or three – or even more – to a room; an allegedly thriving trade in bootleg alcohol and cigarettes .
  • (11) For several reasons these ended in 1976, leaving me dependent on rent from lodgers to whom I sublet rooms in my council house, having some to spare because my wife and I had separated.
  • (12) Randeep Ramesh Treasury George Osborne's own department, one of the first to agree its budget, has committed to overall resource savings of 33% in real terms by 2014-15 by reducing staffing levels, streamlining internal processes and halving the net cost of its building, possibly by subletting unoccupied parts.
  • (13) In addition to a staffing review, all contracts would need to be challenged to remove any discretionary costs and offices considered for sale or sublet.” The legal changes being introduced by the Conservatives have been condemned as the most unfair alterations to political parties’ funding since the second world war.
  • (14) But now the waiting lists are so long, those holders who find themselves too busy to dig sometimes illegally sublet rather than let go of their plot altogether – the vegetable equivalent, I suppose, of the dodgy things people get up to when it comes to school catchment areas.
  • (15) People renting a property can also sublet and get the same benefits.
  • (16) The retailer has installed coffee shops, restaurants and gyms to make the stores more attractive and looked to sublet space to other retailers.
  • (17) Tax incentives should encourage renting, co-ops and sublets such as Airbnb .
  • (18) Subletal intoxication with an irreversible inhibitor of AChE is followed by a faster recovery of the smaller forms.
  • (19) During this time, too, it was relatively simple to claim housing benefit while subletting my student flat over the summer for nothing to the mendicant men who drank under the bridge in exchange for some of their Giro Party cargo (a dozen cans of Tennent's Super each Tuesday).
  • (20) The guidelines also make it clear that you can’t sublet a Help to Buy property.