underleases

underleases
v. leasing-out by a lessee to a third party, sublease, sublet

English contemporary dictionary. 2014.

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Look at other dictionaries:

  • headlease — A lease held directly from the freeholder and subject to one or more underleases. It is sometimes called a head lease. Related links freehold passing rent Practical Law Dictionary. Glossary of UK, US and international legal terms.… …   Law dictionary

  • head lease — A lease held directly from the freeholder and subject to one or more underleases. It is sometimes called a head lease. Related links freehold passing rent Practical Law Dictionary. Glossary of UK, US and international legal terms.… …   Law dictionary

  • superior landlord — Property may be subject to a lease and then a chain of underleases. Where you are dealing with a tenant, his superior landlord is the lessor of his lease. If you are a tenant under an under lease, you may be concerned with the terms of your… …   Law dictionary

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