Definition of relet in English:

relet

verb

[with object]British
  • Let (a property) for a further period or to a new tenant.

    • ‘A Bradford Council housing spokesman said: ‘There are a number of empty properties on the estate which are in the course of being improved for reletting.’’
    • ‘The letting agents contacted me a little while ago to see if I wanted to relet the place for another year.’
    • ‘In some cases repairs have to be carried out before the house can be relet.’
    • ‘The landlords despaired of this campaign because it foiled their plans to relet the evicted holding to a solvent tenant or stock the farm with their own cattle.’
    • ‘On 4th November the plaintiff's solicitors informed Brent that an application would be made that afternoon to restrain the proposed reletting of the property.’
    • ‘At the end of the term, there is good potential for reletting as offices as the location is excellent.’
    • ‘It is a frustrating, expensive, and protracted bureaucratic procedure for the innocent landlord to enter an abandoned property and relet it without going through the tribunal.’
    • ‘The franchises are being relet on a much tighter customer focus and for a much shorter time than before.’
    • ‘This figure is likely to be achieved if the landlord takes the unit back and then decides to relet it.’
    • ‘Last year it was revealed that Doncaster had the third-worst rating in the country for reletting its council houses.’
    • ‘I see no difficulty in the landlord recovering damages at the market rate even though he has adduced no evidence that he would or could have relet the property.’
    • ‘We don't believe it will be too much of a problem to relet it.’
    • ‘The calculation began by taking the gross development value assessed by applying a 9% yield to the full rental value and then deducting therefrom estimated acquisition costs and reletting costs.’
    • ‘If the contractor is performing well, the agency can use its manpower more efficiently on other acquisitions rather than relet the contracts because the minimum time is up.’
    • ‘These flats had then been modernised and relet.’

noun

British
  • An act of letting a property again.

    • ‘Execute a Relet Agreement that spells out the terms and conditions of a relet.’
    • ‘The overall objectives of the relet were to simplify the current complexity, secure the best possible value for money and put in place the highest standards of service delivery.’

Pronunciation

relet

/ˈriːlɛt/