Define: Sublease Fee
Sublease Fee means the specified fee for the sublease of a property, collected from each subtenant excluding reimbursements and other expenses
Sublease Fee means the specified fee for the sublease of a property, collected from each subtenant excluding reimbursements and other expenses.
Relevant Circumstances
- When a tenant grants a sublease and charges the subtenant rent
- If the headlease restricts subletting or the rent that can be charged
- Where sublease income needs to be tracked separately from reimbursable expenses