Define "subletting."

Subletting refers to the practice where a tenant who has a lease agreement for a property rents out that same property or a part of it to another person, commonly known as the subtenant. This arrangement allows the original tenant to retain their lease and, in many cases, remain responsible for fulfilling the lease terms, such as making rent payments to the landlord.

In this case, the definition aligns perfectly with the correct choice, which captures the essence of subletting as the act of the original tenant renting out their leased property to another individual, typically with the original tenant's consent still required in many lease agreements.

Understanding subletting is crucial in property management, as it can impact tenant relationships, lease obligations, and property usage. Issues can arise if the landlord's approval is not obtained, potentially leading to breaches of contract, yet the practice remains a common way for tenants to manage their leases when they may not occupy the property temporarily.