underlet

Meanings

• noun

  A lease granted by a tenant to a subtenant, allowing the subtenant to occupy the property.

  - "The underlet agreement allowed the subtenant to occupy the property for a year."
  - "The tenant entered into an underlet agreement with a local business to rent out a portion of their storefront."

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Variants

List of all variants of underlet that leads to same result
underlet , underlets , underletting

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Etymology

origin and the way in which meanings have changed throughout history.

Derived from the Old French word 'underelet', meaning 'to let under'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. An underlet agreement can be a complex legal document that outlines the responsibilities of both the tenant and the subtenant.

2. Underlets were common in medieval Europe, where tenants would rent out portions of their land or property to other tenants or subtenants.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. sublease: An agreement in which a tenant rents out a portion of their lease to another tenant, known as a subtenant. An underlet is a specific type of sublease.

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How to Memorize "underlet"

1. visualize
   

   - Imagine a tenant granting permission to a subtenant to occupy a property. Visualize the underlet agreement being signed and exchanged between the parties.

2. associate
   

   - Associate the word 'underlet' with the concept of a subtenant renting a portion of a property from the main tenant.

3. mnemonics
   

   - Create a mnemonic by remembering that an 'underlet' is a type of 'sublease' that allows a 'subtenant' to occupy a property.

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