Definition of "Leasehold-sandwich"

Sharon Wicker real estate agent

Written by

Sharon Wickerelite badge icon

Better Homes and Gardens Gary Greene

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.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Potential customer or client in which there is a realistic chance of making the sale for the product or service. An example is a prospective purchaser of real estate that the real estate ...

Investment in residential properties by private businesses and people. ...

Expecting or looking forward to something happening. ...

What does viz. mean? The meaning of viz. derives from the Latin word videlicet which is translated into English as namely, that is, which is, as follows. You may encounter it in legal ...

A judicial ruling in which the rights and claims of the parties have been considered. A final ruling on some aspect formed after all the facts have been taken into account. In Real ...

A sash window having two vertically moving sashes respectively offset by sash weights. Each sash closes a different part of the window. ...

Uniform charge for transportation and delivery of household items to a homeowner within a particular locality. ...

Individual renting a residential or office unit. ...

The assessment sales ratio is a way of measuring the accuracy of a property’s assessed value when compared to the property’s selling price. This measurement gives the ...

Popular Real Estate Questions