Difference between Fit Out and Underlease

FIT OUT vs UNDERLEASE: NOUN

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.
In law, a lease granted by a lessee for a shorter term than he himself holds, leaving thereby a reversion, of however short duration, to himself.

Fit up, Renovation, Refurbishment, Habilitate, Enclothe, Raiment, Apparel, Garment, Tog, Garb, Outfit, Equip, Clothe, Dress, Fit

Formedon, Pendicler, Tenancy, Rent, Sublet, Life tenant, Foregift, Reddendum, Tenant, Lessee, Sublease, Hire out, Undertenant, Undertenancy, Lease

Remodel, Refurnish, Redecorate, Refit, Fit up, Refurbishment, Raiment, Apparel, Garment, Garb, Outfit, Equip, Clothe, Dress, Fit

Formedon, Pendicler, Tenancy, Rent, Sublet, Life tenant, Foregift, Reddendum, Tenant, Lessee, Sublease, Hire out, Undertenant, Undertenancy, Lease

Shake the fit out truly nicely and hang it up.
Licensees are allowed to choose their own fit out.
Use this blank canvas to fit out as required.
From fit-out to safety equipment and much more.
Interior fit out costs can be kept down too.
Suitable for bedroom, office or any fit out.
In its basic shell prior to fit out, it has seen a sell out run of his production of As You Like It.
The developers do not procure OC and give out fit out possession, which causes lot of practical difficulties for the home buyers.
You should take all of this into consideration before starting out on a self fit out.
Mixed purpose building fit-out 2.21 For mixed purpose buildings, certain items of fit-out are typically shared between non-residential and residential spaces.

If a headlease is terminated by the exercise of a break clause, then any underlease also ends.
See PHAs may underlease or receive more funding than they can spend in a year.