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Differences between Sublet vs. Sublease

Subleasing - Milbrook Properties - NY FL NJ

If you’ve occupied a commercial space on rent and wish to leave before the end of your commercial lease, you’ll need to check the rental agreement to figure out what options you have. Whether it’s a strip mall, a retail center, or a shopping center, it’s critical to possess an understanding of how the sublet concept differs from that of a sublease. This is exactly what we’ll cover in this guide:

How Subletting Differs from Subleasing

While both subleasing and subletting are rental property options, they represent different ways of handling when it comes to moving out before the end of the lease term.

Subleasing involves renting part of or an entire space to another renter, but through the original renter. In this arrangement, the responsibility for the rental unit remains with the original renter, who leases a unit to another renter