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In this video tutorial, the concept of subleasing commercial property is explored through the use of a commercial sublease agreement. This agreement allows a tenant to re-rent a space to a sub-tenant. The process includes important measures to ensure a legally binding agreement is created. The video provides an official template for creating the agreement and explains the purpose behind seeking a sublease, such as financial reasons or maximizing space utilization. The agreement is essential for outlining the terms of the sublease relationship.