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Master lease

A primary lease under which a party rents a property and may operate or sublease units if the agreement and applicable rules permit it.

On a porch of a building with two doors, an owner and a master tenant sort keys beside a lease binder and a stack of sublease folders
  1. One lease for the whole building
  2. The master tenant holds the keys
  3. They sublease each unit

Where it matters

Verify subleasing authority, payment obligations, insurance, and responsibility to occupants. A master lease does not itself authorize every proposed use.

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This page is general education. The current law, program rules, and specific housing records determine how a rental home is treated. Rentari provides software and written guides, not legal advice or licensed property management.

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