👉 Underletting is a legal concept in property law that refers to situations where an owner of property has the option to sell their property without first transferring it to another party. This means that the current owner retains ownership of the property for the duration of the transaction, but there may be circumstances where they can transfer the property to someone else who would then take over ownership and manage it. Underletting is often used in situations where a seller has put up an advertisement or advertised their property for sale,