commercial property sublease agreement
a commercial sublease agreement is used to rent a commercial property to a subtenant without terminating the current lease on the property with the landlord. the sublandlord remains subject to the terms of the original lease agreement and is solely responsible for any damages, rent payments, and any other breach of the original contract. the space is too large for the tenant’s business operations, and so subletting a part of it makes financial sense to share expenses. if the agreement conveys right to the subtenant that the sublandlord does not have under the lease agreement, the entire contract could be invalidated.