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A commercial sublease agreement allows a tenant to re-rent part or all of their leased commercial property to a sub-tenant. This practice is often motivated by financial reasons or the desire to optimize space usage. Subleasing involves more than just drafting a document; it requires careful consideration of the tenant-sub-tenant relationship. This video tutorial covers important steps for successfully subleasing commercial property and provides guidance on creating a legally binding agreement. Viewers are encouraged to watch until the end for an official template. The reasons for seeking a sublease can vary, especially in cases of office space.
