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5. SUB-LEASE
According to English oxford dictionary , the term royalty means
“an amount of money that is paid to the person who wrote a
book , piece of music , etc. every time his/her work is sold or
performed .”
A payment made for the use of property , especially a patent ,
copyrighted work , franchise , or natural resources . The amount is
usually a percentage of revenues obtained through its use .
1. FIXED
2. FLOATING
Sub-lease is an under lease or lease by a lessee to
another. A lessee gets a lease right of a property
from the landlord. When the lessee himself grants
lease of that property to another person , it is called
sub-lease .