underlet
Lease to another
To underlet is to sublet property to another tenant, or to let property for less than its full value.
The term appears mainly in British legal and real estate contexts: The lease forbids the tenant to underlet without the landlord's consent.
An underlet can also be a sublease itself.
Renter from another renter
- sublandlordTenant leasing to another
- reletLease property again
- assignGive as responsibility
- transferMove between locations
consent · permission · privity · lessee · assignee · occupant · premises · sublease
Estimate below true worth
- discountedReduced in price
- underpricedSet below fair value
- market rateCurrent trading value
- depreciationAsset value reduction over time
undercharging · rental income · yield · return · investment loss · opportunity cost · fair market value · valuation
subtenant
Renter from another renter
- sublandlordTenant leasing to another
- reletLease property again
- assignGive as responsibility
transfer · consent · permission · privity · lessee · assignee · occupant · premises · sublease · assignor
undervalue
Estimate below true worth
- discountedReduced in price
- underpricedSet below fair value
- market rateCurrent trading value
depreciation · undercharging · rental income · yield · return · investment loss · opportunity cost · fair market value · valuation · appraisal