underlease
n . 转租;转借
转租;转借
Underlease \
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 .
[
1913 Webster ]
UNDERLEASE ,
contracts .
An alienation by a tenant of a part of his lease ,
reserving to himself a reversion ;
it differs from an assignment ,
which is a transfer of all the tenant '
s interest in the lease .
3 Wils .
234 ;
S .
C .
Bl .
Rep .
766 .
And even a conveyance of the whole estate by the lessee ,
reserving to himself the rent ,
with a power of re -
entry for non -
payment ,
was held to be ,
not an assignment ,
but an underlease .
Str .
405 .
In Ohio it has been decided that the transfer of only a part of the lands ,
though for the whole term ,
is an underlease ;
2 Ohio ,
R .
216 ;
in Kentucky ,
such a transfer ,
on the contrary ,
is considered as an assignment .
4 Bibb .
R .
538 .
2 .
In leases there is frequently introduced a covenant on the part of the lessee ,
that he will not underlet the premises ,
nor assign the lease .
This refers to the voluntary act of the tenant ,
and the covenant is not broken when the lease is transferred without any act on his part ;
as ,
if it be sold by the sheriff on execution ,
or by assignees in bankruptcy ,
or by an executor .
8 T .
R .
57 ;
3 M . &
S .
353 ;
1 Ves .
295 .
3 .
The underlessor has a right to distrain for the rent due to him ,
which ,
the assignor of a lease has not .
The under -
lessee is not liable personally to the original lessor ,
nor is his property subject to his claim for rent longer than while it is on the leased premises ,
when it may be distrained upon .
The assignee of the lessee stands in a different situation .
He is liable to an action by the landlord or his assignee for the rent ,
upon the ground of privity of estate .
1 Hill .
Ab .
125 ,
6 ;
4 Kent ,
Com .
95 ;
9 Pick .
R .
52 ;
14 Mass .
487 ;
5 Watts ,
R .
134 .
Vide 2 Bl .
R .
766 ;
3 Wils .
234 ;
4 Campb .
73 ;
Bouv .
Inst .
Index ,
tit .
Underletting .
Vide Estate for years ;
Lease ;
Lessee ;
Notice to quit ;
Tenant for years .
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