A lease by a lessee of a part of his unexpired term. Bedford v Terhune, 30 NY 451 A lease by a lessee of a part of the premises demised to him. 32 Am J1st L & T § 403.

Ballentine's law dictionary. . 1998.


Look at other dictionaries:

  • underlease — index rent Burton s Legal Thesaurus. William C. Burton. 2006 underlease …   Law dictionary

  • underlease — un‧der‧lease [ˈʌndəliːs ǁ ər ] noun [countable] PROPERTY another name for sublease * * * underlease UK }} US }} /ˈʌndəliːs/ noun [C] PROPERTY ► SUBLEASE(Cf. ↑ …   Financial and business terms

  • Underlease — Un der*lease, n. (Law) 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. Burrill. [1913 Webster] …   The Collaborative International Dictionary of English

  • underlease — v. leasing out by a lessee to a third party, sublease, sublet …   English contemporary dictionary

  • underlease — noun & verb another term for sublet …   English new terms dictionary

  • underlease — n. (Law.) Sublease …   New dictionary of synonyms

  • underlease — / ʌndəli:s/ noun lease from a tenant to another tenant …   Marketing dictionary in english

  • underlease — / ʌndəli!s/ noun a lease from a tenant to another tenant …   Dictionary of banking and finance

  • underlease — n. & v.tr. = SUBLEASE …   Useful english dictionary

  • lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… …   Black's law dictionary

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