Protect Interests When Subletting with Broadly Defined ‘Costs’
Subletting can be a useful solution for tenants that are trying to cut costs and don’t need all of the space they’ve leased. A considerable amount of available commercial space is sublet, particularly in office buildings. And tenants that sublet their space may recoup a profit, in addition to finding a replacement to take over a space that’s inconvenient or unaffordable to them. However, there are costs involved in subletting space, which tenants have to pay.