The primary lease that controls other subsequent leases and may cover more property than all subsequent leases combined.
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Controlling lease ; contrast with sublease . One cannot grant a greater interest in real estate than one has; so if a master lease is for a five-year term,
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A lease between the owner of property and its direct tenant, with all other leases subject to the first one.A tenant may sublease or assign part or all of its space on ...
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