subrent

A tenant subrents a spare room to a student.

Definition

1. Noun:
   • Rental payment by a subtenant: "subrent" refers to the rent paid by a subtenant to a tenant who is subleasing a property. It is the amount of money a person pays to occupy a space that the original tenant holds under a primary lease.

Usage Examples

• Noun:
  • The tenant collected the subrent from the subletter each month. (The person renting out the space received the rental payment from the person subleasing it.)
  • The subrent was lower than the original rent, making it affordable for the subtenant. (The amount paid by the subtenant was less than what the main tenant paid to the landlord.)

Advanced Usage

• "to set a subrent": to establish the amount of rent for a sublease.
  • The landlord must approve the subrent before the sublease agreement is signed. (The property owner needs to agree to the rental amount for the subtenant.)

Variants and Related Words

• Subrental (adj): relating to the act of renting out a property that one has leased.

  • The subrental agreement was clearly outlined in the contract. (The document specifying the terms of subleasing was detailed.)

• Subrenter (n): a person who pays subrent; a subtenant.

  • The subrenter was responsible for utilities as part of the sublease. (The person subleasing the property had to pay for electricity and water.)

Synonyms

• Sublease payment: a sum of money paid by a subtenant under a sublease.
• Subtenancy rent: the rent specific to a subtenant's occupancy.

Related Idioms

• Pass through subrent: to transfer the cost of subrent to another party, often in business contexts.
  • The company passed through the subrent to its subsidiary. (The business charged the sublease payment to its own branch.)