google bot detected Leaseholdsandwich | Real Estate Glossary | Realestateagent.com

Leaseholdsandwich


Definition of "Leasehold-sandwich"

A lessee (tenant) subleases the apartment to a third party .The tenant is now sandwiched between the lessor and the sublessee. In other words, the tenant is acting as a lessee to the landlord, but the lessor to the sublessee.



Related Real Estate Glossary terms

Related Real Estate FAQ