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The video tutorial discusses the process of subleasing commercial property, emphasizing the importance of creating a legally binding agreement. A commercial sublease agreement is a document used to sublet part or all of a leased commercial space. The original tenant may seek a sublease for financial reasons or to optimize space usage. The video provides tips on creating an effective agreement and offers an official template. Subleasing involves more than just drafting a document, requiring careful consideration of the tenant-subtenant relationship.