Shorten Lease's Cure Periods for Subtenant

May 28, 2012
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When subletting space to a subtenant, be careful to limit certain rights that you have in your lease, especially terms regarding the time period within which the subtenant can cure a default. If you're subletting space, make sure that the cure periods for your subtenant in your sublease are much shorter than the cure periods in your own lease. Further, make sure your lease permits you to cure a subtenant's default before it triggers a lease default.

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