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In this video tutorial, the focus is on subleasing commercial property through a commercial sublease agreement, which allows a tenant to rent out part or all of their leased space to a sub-tenant. The necessity for subleasing often stems from financial considerations or optimizing space usage. The video outlines important steps to take when subleasing, emphasizing that it involves more than just drafting an agreement and understanding the tenant-sub-tenant relationship. It also highlights the variations in reasons for seeking a sublease. Viewers are encouraged to watch until the end for an official template to assist in creating an effective, legally binding agreement.
