| Both sublessor and leaseholder started to get nervous, and the leaseholder mentioned the possibility of relinquishing the lease. |
| Once a sublet was located, the sublessor, not primarily in the leasing business, might have limited interest in maintenance details, Chao notes. |
| As the sublessee, you want to have the ability to stay in the space should the sublessor go out of business or move. |
| In addition, the sublease between TWC, as sublessor, and WCC, as sublessee, will be terminated upon closing. |
| As the sublessor, the management company takes on the duties usually assumed by the owner such as marketing, screening, rent collection, tenant service and repairs. |
| Subleasing space has several advantages for the sublessor and tenant, although there are potential risks as well. |
