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Rental Benefits
by yudaica2013 ·
Of course, today the margin on rental can be even greater than 100% of the total cost, so of course sublease – a very profitable business. But to call it a pure business is not always possible: it is most often at sublet landlords agree on a large number of reasons. First of all – a classic layout of shopping malls, which is designed for offices and shops with a large area. A tenant in a large square the search always difficult, which is why property owners willing to allow major tenants to sublease. Secondly, the sublease allows the tenant to provide the very short-term lease to small entrepreneurs, which is also not so easy to find the commercial property market. In addition to sublease tenant is in cases where he takes the square, so to speak, with a reserve, planning for the future to expand its business. Some, on the contrary, – take a timeout.
And to not to lose the advantageous location – rent it to sublease for a certain period, after which – back to their area. At the same time, surrender the premises in the sublease to a third party tenant may not always. To do this – you need special clause in his contract with the landlord, testifying to the fact that the latter allows it to do. If this item is not – then subleasing, in fact, be illegal, and conflict flares up immediately between the three parties: landlord, tenant and another tenant. Also, what should be allowed to sublease the owner of the premises, it must be registered and specify additional options: under what conditions it is possible, on what terms calculated, approximately what should be at the cost of real estate, etc.
Compliance with the above regulations are very important because if the tenant surrender the premises in the sublease, for example, the owner of competing with the neighboring Office of the entrepreneur, the latter will inevitably complain about the landlord. This will not only inconvenience the tenant, but also his tenant, which may even abandon the area. But, despite the fact that the sublease in most cases quite beneficial to both parties, is still not forget that it contains an element of mediation. Thus, in some cases, the sublessee is not granted the right to specify as a legal address data sublease, which becomes a huge disadvantage in this service. On the other hand for small businesses recently opened – it's the only chance to remove a small room in a shopping center or other place traversed.
Tags: real estate
