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A commercial sublease agreement allows a tenant to rent out part or all of their space to a sub-tenant. This process involves more than just drafting a document, as it requires understanding the dynamics of the tenant-sub-tenant relationship. The video covers important steps to consider when subleasing commercial property and provides guidance on creating a legally binding agreement. It also offers an official template for viewers to use. A commercial sublease agreement is typically used when a current tenant wants to sublet their space for various reasons, such as financial or space optimization.
