🏢 Underlease
A underlease is a contract between the tenant and a subtenant that gives the subtenant the right to live in and use the property for a set period of time. The underlease is subject to the terms and conditions of the original lease between the landlord and the tenant. The tenant remains responsible for paying rent and complying with the terms of the lease, and the subtenant must comply with the terms of the underlease.
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Grant underlease
The original leaseholder can sublet the property to another party, move out of the property without ending the lease, or make changes to the property not allowed in the original lease.
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