AMP Property Management Practice Test 2025 – Your All-in-One Resource for Exam Success!

Question: 1 / 400

What does the term "subletting" mean?

When a property manager leases the property to a new owner

When a tenant leases their rented space to another party

The term "subletting" refers specifically to the situation where a tenant leases their rented space to another party, known as a subtenant. This arrangement allows the original tenant to temporarily transfer their rights and obligations of the lease to the subtenant while still retaining their responsibilities under the original lease with the landlord.

Subletting is common in rental situations where a tenant may need to vacate the property for a period but does not want to break their lease or lose their rights to the rental. It usually requires the landlord's permission, as outlined in the terms of the original lease agreement. This arrangement can benefit both the original tenant, who can avoid paying rent for a space they are not occupying, and the subtenant, who gains access to a living space that might otherwise be unavailable.

The other choices do not accurately represent the definition of subletting. For instance, leasing the property to a new owner relates to property ownership rather than a tenant's leasing arrangements. Allowing tenants to stay without a lease pertains to informal or month-to-month rental situations, which is distinct from subletting. Renting properties on a short-term basis describes a different rental strategy altogether, often related to vacation rentals or temporary stays, rather than the specific arrangement of

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When a landlord allows tenants to stay without a lease

When properties are rented on a short-term basis

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