Common Contracts
1 similar Commercial Sublease Agreement contracts
Commercial sublease agreement pdfCommercial Sublease Agreement • June 5th, 2023
A Commercial Sublease Agreement allows the Tenant of a commercial property with an existing commercial lease, to further grant the rights of tenancy to a new individual or company, called the Subtenant, over all or part of the commercial property. A commercial sublease can help a Tenant reduce the costs it incurs in relation to the commercial property, as the Subtenant bears some of the rental responsibility for the property. A commercial sublease can also be useful where the commercial property is too big for the Tenant to use and a portion of it remains available.
