On the completion of the improvements the selector becomes entitled to a lease of the farm, and may thereafter mortgage it; or, with the permission of the Minister, may subdivide or transfer it; or, with the approval of the Court, may underlet it.

When a Grazing Farm is enclosed in the manner required, the selector becomes entitled to a lease of it, and may thereafter mortgage it; or, with the permission of the Minister, may subdivide or transfer it; or, with the approval of the Court, may underlet it.

Underlet, un-dėr-let′, v.t. to let below the proper value: to sublet.—ns.

Bales probably rented the house, and underlet such portions as he did not require; for at the end of Ripley’s Compound of Alchemy, 1591, Rabbards, the translator, asks those who had any corrections to suggest in the text to send them to him at the house of Peter Bales.

Before telling Oakes of my intentions towards him, I simply informed him, that I had purchased the eighth share in our claim, and offered to underlet it to him.