What Is a Commercial Sublease?

The commercial sub-lease contract is for the lessee to lease the leased assets to a third party during the commercial lease period. It is a written agreement or commitment between the lessee and the third party on the commercial sub-lease. Sublease contracts involve at least three parties (lessor, lessee, and third party). If sublease is allowed during the lease term, the lessee has sublease right and income right.

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Commercial sub-lease contract means that the lessee leases the leased assets to
Subletter (referred to as
According to the law, subleasing actually covers the two methods of change, "subletting" and "leasehold right transfer." According to the law, "subleasing" means that the lease relationship is not terminated, and the lease relationship is established here. "Lease transfer" refers to starting a lease relationship, and the new lessee directly replaces the original lessee to establish a lease relationship with the lessor (owner). In both forms, the following issues need to be noted:
1. Sub-leasing must obtain the written consent of the lessor. Similarly, in the transfer of the lease right, the cancellation of the original lease contract and the re-signing of a new lease contract also require the lessor's consent.
2. The original lessee often claims a compensation fee to the new lessee, mainly to compensate for the loss of decoration. This cost is not a legal tenant's liability, but it is not explicitly prohibited by law. Therefore, as long as both parties agree at the time, It will also be protected by law. It is recommended that when paying this fee, the lessee should consider combining the payment in batches with the sub-leasing or the wrong transfer of the lease right to reduce the risk of funds and consider
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