A Commercial Sublease is a contract used to rent commercial property from a tenant rather than from a landlord or owner. In this case, the original tenant (i.e. the outgoing tenant) is known as the sublandlord and the new tenant (i.e. the incoming tenant) is known as the subtenant.
Although a new lease agreement is created between the sublandlord and the subtenant, the original lease (sometimes called the master lease) remains intact and the sublandlord is still responsible for reporting to the original landlord. Consequently, the terms outlined in a sublease cannot breach the terms outlined in the master lease.
LawDepot's Commercial Sublease can be customised to abide by the landlord and tenant laws in England, Northern Ireland, Scotland, and Wales.