re-lease

American  

[ree-lees] / riˈlis /

verb (used with object)

re-leased, re-leasing

1. to lease again.

2. Law. to make over (land, property, etc.), as to another.

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noun

1. a contract for re-leasing land or property.

2. the land or property re-leased.

Etymology

Origin of re-lease

First recorded in 1820–30; re- + lease ¹

Example Sentences

It’s easy enough to find a new tenant for a simple warehouse but much harder to re-lease a facility purpose-built to Amazon’s exacting specifications.

From Seattle Times • Jun. 18, 2022

The idea was a gradual renovation, allowing tenants to re-lease a few at a time as vacant units were refurbished, Gray said.

From Los Angeles Times • Oct. 9, 2016

That afternoon—it was early in my experience on V-gallery—I was using my go-round sheet as a guide for pulling the brake to re-lease the runs.

From "Newjack: Guarding Sing Sing" by Ted Conover

The only question was whether to re-lease them to the Canadian Pacific or to the Canadian Northern.

From The Railway Builders A Chronicle of Overland Highways by Skelton, Oscar Douglas

There would come the time when they must forfeit that lease and contract through non-payment, or agree to re-lease them to the original owner.

From The White Desert by Fischer, Anton Otto