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A commercial sublease agreement allows a tenant to re-rent part or all of their leased commercial space to a sub-tenant, often for financial reasons or better space utilization. This process involves more than just drafting a document; it requires understanding the tenant-sub-tenant relationship. The video discusses key measures for effective subleasing and outlines steps to create a legally binding agreement. It also promises a template for viewers at the end. A commercial sublease agreement serves as a formal document for individuals or businesses looking to sublet their leased property, with motivations varying based on specific circumstances.