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one of the more interesting aspects of an office building lease is the sublet clause the sublet clause can go on and on Ive seen sublet clauses to go on for four or five pages where you get into a very big tenant that has a very obnoxious attorney billing a very high rate per hour so one of the more exotic stories that I can tell you that we recently did was that we had big tenant who got into financial trouble and now wanted to sublet their space so the incoming tenant who is the sub tenant was getting a bargain-basement low rent deal okay and they came to us and said Larry we need your protection in the event that the main tenant goes bankrupt you have the right to wipe out the lease we need the right to step in and cure the problem and as long as we keep paying the rent youre okay right Larry oh theres only one problem that lease was about 25 percent below market so in this particular case its a very strong market where we knew we could lease that release that space we said to
