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A sublease agreement is a document between a tenant (sublessor) and a third party (sublessee) wishing to rent the same premises. It does not cancel the original lease. Such agreements are common when the original tenant vacates but still has remaining rent. With the landlord's consent, the tenant can sublet the property, acting as an intermediary between the landlord and the sublessee, collecting rent from the sublessee and passing it to the landlord. Typically, a sublease cannot exceed the duration of the original lease (master lease), but extensions may be possible with the landlord’s approval.