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A sublease agreement is a document that formalizes the relationship between a tenant (sublessor) and a third party (sublessee) who wishes to rent the same premises. This agreement does not void the original lease. It is often necessary when the original tenant has remaining rent obligations but has vacated or plans to leave the property, with the landlord's consent. The tenant finds someone to sublet, acting as an intermediary who collects rent from the sublessee and pays the landlord. The original lease is referred to as the master lease, and typically, the sublease cannot exceed the master lease duration, although it may extend with the landlord's approval.
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