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Definition of Underliase

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.

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.

- Webster's Unabridged Dictionary (1913)

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