underlets

/ˌʌndərˈlɛts/
verb
  1. To rent (a property) from a tenant who is already renting it from the owner; to sublet.
    • They decided to underlet the office space to another company to cover the rent.
    • The tenant underlets the apartment to a friend while she travels for work.
    • The lease agreement prohibits the tenant from underletting the property without permission.
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