subtenancy

/ˌsʌbˈtɛnənsi/

Definitions

1. noun

a secondary tenancy under a primary tenant, especially in a shared property.

“The complex manager managed multiple subtenancies under the main leaseholder.”

2. noun

the state or relationship of being a secondary tenant.

“The subtenancy agreement stated the responsibilities of both parties.”

Synonyms

  • secondary tenancy
  • sublease

Antonyms

  • ownership
  • primary tenancy