Asked by Jocelyn Cooperwood on Jul 23, 2024
Verified
Candice tells you she has "sublet" her property. What does this mean?
Sublet
A lease executed by the lessee of land or premises to a third party for a shorter term than that which the lessee holds.
- Depict the variances among various land estate categories, notably between leasehold and freehold.
Verified Answer
AM
Atlegang MogaleJul 26, 2024
Final Answer :
Candice is a lessee of land or premises and she has executed a lease to a third party for a shorter term than that which she currently holds.
Learning Objectives
- Depict the variances among various land estate categories, notably between leasehold and freehold.