Definition of "Leasehold-sandwich"

Sharon Wicker
Sharon Wicker 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.

Have a question or comment? We're here to help.

*** Your email address will remain confidential.

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ