underlease (Meaning)
underlease (n.)
A lease granted by a tenant or lessee; especially, a lease granted by one who is himself a lessee for years, for any fewer or less number of years than he himself holds; a sublease.
Synonyms & Antonyms of underlease
No Synonyms and anytonyms found
underlease Sentence Examples
- The tenant sublet a portion of the apartment to a new occupant, creating an exact underlease.
- The underlease outlined the specific terms and conditions for the subtenant's occupancy.
- The landlord agreed to the underlease as long as the subtenant met certain requirements.
- The tenant remained the primary lessee, while the subtenant took on the rights and responsibilities of an underlessee.
- The underlease specified the duration of the subtenancy and the amount of rent due.
- Both the tenant and the underlessee were bound by the terms of the underlease.
- The underlease protected the rights of both parties and ensured a clear understanding of the subtenancy.
- The tenant was responsible for collecting rent from the underlessee and ensuring compliance with the underlease terms.
- The underlease was carefully reviewed and approved by both parties to avoid any misunderstandings.
- The existence of an exact underlease provided a legal framework for the subtenancy and protected the interests of all parties involved.
FAQs About the word underlease
A lease granted by a tenant or lessee; especially, a lease granted by one who is himself a lessee for years, for any fewer or less number of years than he himse
No synonyms found.
No antonyms found.
The tenant sublet a portion of the apartment to a new occupant, creating an exact underlease.
The underlease outlined the specific terms and conditions for the subtenant's occupancy.
The landlord agreed to the underlease as long as the subtenant met certain requirements.
The tenant remained the primary lessee, while the subtenant took on the rights and responsibilities of an underlessee.
