Sentences with phrase «original lessee»

The new tenant pays rent to the original lessee, who pays the landlord.

This provision is helpful in that it secures the rights of the landlord, the original lessee, and the person deemed to be the lessee.

The other advantage of taking over a lease is that up - front costs, such as the GST and PST, have already been covered by the original lessee.

To get the best bang for your buck, he says you should make sure that the original lessee made a substantial down payment of at least $ 3,000.