Commercial Sublease Agreement - Partial

There are occasions when a tenant may choose to sublease a partial portion of commercial property to another. This Commercial Sublease Agreement – Partial Premises is used by the original tenant (sublessor) to sublease a portion of commercial property to another (subtenant) for a part or the remainder of the lease term. It is imperative that the original lease be carefully reviewed before subleasing partial premises as certain provisions (such as required consents) may apply. Having a well-written Commercial Sublease Agreement – Partial Premises will prove invaluable in the event of misunderstandings or litigation. (continued ...)