Tag Archives: Sublease
When Your Commercial Tenant Wants to Sublet
As a commercial landlord, you will be approached about your tenants wanting to sublet their spaces. Considering many commercial leases last for multiple years, tenants that are going out of business or need to move to a bigger space may look toward subletting as a way to relieve themselves of their rental obligation. Subletting… Read More »
The Difference Between Assigning and Subletting a Commercial Space
Subletting and assignments are common for commercial properties. There are a variety of reasons the original tenants cannot keep the space and need to pass on all or some of the obligation to a new business. Some commercial tenants go out of business or find the premises are too small or large for them…. Read More »
