Sublease vs. Assignment: The Landlord's Perspective on Consent, Recapture & Profit-Sharing

Q: What is the difference between a sublease and an assignment from a landlord's perspective?

In a sublease, the original tenant (sublandlord) retains privity of contract with the landlord and remains liable for rent and lease obligations; the subtenant pays rent to the sublandlord. In an assignment, the original tenant transfers all of its rights and obligations to the assignee, and the assignee steps directly into the original tenant's shoes. Landlords generally prefer assignments because the new party assumes all obligations directly; subleases leave the landlord dealing with a sublandlord intermediary while the financial risk often shifts to a subtenant the landlord didn't vet.

Q: What does 'reasonable consent' mean in a commercial lease sublease clause?

A 'reasonable consent' standard means the landlord cannot arbitrarily withhold approval of a sublease or assignment request. The landlord may impose reasonable conditions: requiring the subtenant/assignee to have creditworthiness comparable to the original tenant, prohibiting subleases for uses that conflict with other tenants' exclusivity rights, and requiring the subtenant to agree to be bound by the lease terms. Courts have found that withholding consent solely because the landlord wants to capture a higher market rent, or wants to eliminate the tenant, is not a reasonable basis. If the landlord unreasonably withholds consent, the tenant may be able to sublease or assign without consent and bring a damages claim.

Q: What is a recapture right in a sublease clause?

A recapture right gives the landlord the option to terminate the original lease (or the portion subject to the sublease) when the tenant requests consent to sublease or assign. If the landlord exercises recapture, the original tenant is released from lease obligations for the recaptured space, but loses the ability to sublease at a premium. Recapture rights are most valuable to landlords in rising markets — if a tenant is trying to sublease 10,000 sf at $50/sf when the current lease rate is $45/sf, the landlord can recapture the space and re-lease it directly at $50/sf (or higher), capturing the full market premium rather than sharing it with the outgoing tenant.

Q: How does sublease profit-sharing work?

Sublease profit-sharing clauses require the original tenant to share any sublease premium — the amount by which the sublease rent exceeds the original lease rent — with the landlord. A typical split is 50/50 after the tenant deducts legitimate sublease transaction costs (broker commissions, tenant improvement allowance to the subtenant, free rent, legal fees). Example: original rent $40/sf, sublease rent $45/sf, 10,000 sf space, 5 years remaining. Gross premium = $5/sf × 10,000 sf × 5 years = $300,000. After deducting $50,000 in transaction costs, net premium = $250,000. Landlord's 50% share = $125,000.

Q: What credit standards should a landlord apply when evaluating a subtenant or assignee?

Landlords should apply credit standards comparable to what they required of the original tenant at lease signing — adjusted for current market conditions and remaining term. Key metrics: (1) net worth and liquidity — does the subtenant/assignee have sufficient assets to cover lease obligations if the business declines? (2) revenue and profitability — are revenues growing and margins positive? (3) industry exposure — is the assignee in a sector with concentration risk the landlord already has in the building? (4) lease term coverage — does the assignee's business have sufficient cash runway to service the lease for its remaining term? (5) references from other landlords and creditors. For assignments, the landlord should require financial statements (two to three years), a business plan, and a personal guarantee if the assignee is a newly formed entity.

Sublease vs. Assignment: The Structural Difference

How a Sublease Works

In a sublease, the original tenant (now acting as sublandlord) transfers a portion of their leasehold interest to a new party (the subtenant) while retaining privity of contract with the original landlord. The original tenant continues to be directly liable to the landlord for rent payments and all lease obligations — even if the subtenant fails to pay. The subtenant pays rent to the sublandlord, who in turn pays rent to the landlord. The landlord has no direct contractual relationship with the subtenant unless the lease or a consent agreement establishes one.

Key structural characteristics of a sublease:

The original tenant retains the lease and its obligations throughout the sublease term
The sublease term cannot exceed the original lease term (it must expire before or on the original expiration date)
The subtenant's rights are derivative of and subordinate to the original tenant's rights — if the original lease is terminated, the sublease generally terminates with it
The sublandlord (original tenant) can negotiate sublease economics differently from the original lease — higher rent, different use restrictions, shorter term
The landlord's primary obligor remains the original tenant throughout

How an Assignment Works

In an assignment, the original tenant transfers all of its rights and obligations under the lease to an assignee. The assignee steps directly into the original tenant's position and is bound by all lease terms. In most commercial assignments, the original tenant is released from ongoing obligations (if the landlord consents to the release) or remains secondarily liable as a guarantor of the assignee's performance. The landlord now has a direct contractual relationship with the assignee for all purposes under the lease.

Key structural characteristics of an assignment:

The assignee assumes all of the original tenant's rights and obligations going forward
The full remaining lease term transfers to the assignee
The original tenant may or may not be released from liability depending on the consent agreement terms
The landlord gains a direct relationship with the assignee but may lose the original tenant's creditworthiness as a backstop
Assignment is permanent — unlike a sublease, the original tenant cannot reclaim the lease from the assignee

Dimension	Sublease	Assignment
Original tenant's ongoing liability	Fully liable to landlord throughout sublease term	Released (if negotiated) or secondarily liable
Landlord's primary obligor	Original tenant (sublandlord)	Assignee (after consent)
Lease term transfer	Partial — sublease must expire before original lease	Full remaining term transfers
Landlord-subtenant/assignee relationship	No direct relationship (unless created by consent agreement)	Direct contractual relationship
Landlord's recapture risk	High — can recapture subleased portion	High — can recapture entire lease
Profit-sharing opportunity for landlord	Yes — share in sublease premium above original rent	Yes — share in assignment consideration/value

Consent Standards: Reasonable vs. Absolute

The "Reasonable Consent" Standard

The most tenant-favorable consent standard provides that the landlord's consent to a sublease or assignment "shall not be unreasonably withheld, conditioned, or delayed." Under this standard, the landlord must have a legitimate, commercially reasonable basis for withholding consent. Courts in most jurisdictions have developed a body of law defining what constitutes a reasonable versus unreasonable basis for withholding consent.

Legitimate grounds for withholding consent under a reasonable standard typically include:

The proposed subtenant or assignee has insufficient creditworthiness to reliably perform the lease obligations
The proposed use conflicts with another tenant's exclusive use rights or with the permitted use under the lease
The proposed subtenant or assignee has a reputation for being a difficult tenant or has previously defaulted on commercial leases
The transaction is structured to circumvent a lease provision (e.g., subleasing to an affiliate at below-market rent to avoid profit-sharing while effectively transferring control)
The proposed use would create disproportionate wear on the building or impose higher operating costs on other tenants

Grounds that courts have found not to constitute reasonable bases for withholding consent include: the landlord wants to capture higher market rent by re-leasing the space directly; the landlord dislikes the original tenant and wants to terminate the relationship; the landlord wants to force a lease restructure; or the landlord simply prefers a different type of tenant without a specific commercial justification.

The "Absolute Consent" Standard

Some commercial leases give the landlord absolute discretion to approve or disapprove any sublease or assignment request, with no obligation to be reasonable. Under an absolute consent standard, the landlord can reject a sublease or assignment request for any reason — including the desire to capture higher market rent. Absolute consent clauses are more common in: shorter-term leases (5 years or less) where landlord flexibility is a higher priority; buildings with complex tenant mix strategies (trophy retail, high-end mixed-use); leases with below-market rents where the landlord has significant economic upside; and ground leases or sale-leaseback structures where the landlord's interest in maintaining specific occupancy is paramount.

Landlord strategy note: An absolute consent clause combined with an aggressive recapture right gives landlords maximum flexibility in a rising market. But absolute consent clauses that have been used to extract unreasonable concessions from tenants in distress have generated significant litigation and occasionally negative publicity. Most sophisticated landlords prefer a "reasonable consent not to be unreasonably withheld" standard with a robust recapture right — it's more defensible and creates less litigation risk than absolute consent exercised arbitrarily.

Recapture Rights: The Landlord's Most Powerful Tool

How Recapture Works

A recapture right gives the landlord the option — upon receiving a sublease or assignment request — to terminate the original lease (or the portion of the premises subject to the sublease request) rather than granting consent. The landlord then relets the space directly, at market rates, to whoever it chooses. From the landlord's perspective, recapture is the nuclear option: it eliminates the original tenant's ability to profit from a sublease premium, but it also eliminates the original tenant's lease entirely.

Recapture rights are structured in several ways:

Full recapture: The landlord can terminate the entire lease on recapture notice, even if the tenant only requested to sublease a portion of the space
Partial recapture: The landlord can terminate only the portion of the lease subject to the sublease request, leaving the original tenant in occupancy of the remaining space under the original lease terms
Conditional recapture: The landlord can recapture only if the subtenant/assignee meets certain criteria (e.g., if the proposed subtenant is a direct competitor of an existing tenant)
Economic trigger recapture: The landlord can recapture only if the sublease rent exceeds the original lease rent by a defined threshold (e.g., recapture right triggered only if sublease premium exceeds 10%)

The Recapture Math: $300K Sublease Premium Scenario

Sublease Premium Math: To Recapture or Share?

SCENARIO:
Original tenant: Technology company, 10,000 sf office
Original lease rent: $40/sf/yr NNN
Remaining lease term: 5 years
Current market rent: $45/sf/yr NNN (rising market)
Subtenant offering: $45/sf/yr NNN

SUBLEASE PREMIUM CALCULATION:
Gross sublease rent: $45/sf × 10,000 sf = $450,000/yr
Original rent obligation: $40/sf × 10,000 sf = $400,000/yr
Annual sublease premium: $50,000/yr
5-year gross sublease premium: $50,000 × 5 = $250,000

Plus: Tenant's TI to subtenant: ($75,000) one-time cost
Plus: Broker commission: ($45,000) one-time cost
Plus: Legal fees: ($15,000) one-time cost
Net sublease profit to tenant: $250,000 - $135,000 = $115,000

PROFIT-SHARING CLAUSE (50/50 after costs):
Landlord's share of sublease profit: $115,000 × 50% = $57,500
Tenant retains: $57,500

RECAPTURE ANALYSIS FOR LANDLORD:
If landlord recaptures and re-leases at market ($45/sf):
Annual rent gain vs. original: $50,000/yr
5-year total gain: $250,000
Less: Vacancy period (3 months): ($112,500)
Less: TI to new tenant (market): ($200,000)
Less: Broker commission: ($45,000)
Net recapture benefit: ($107,500) [NET LOSS vs. sharing]

CONCLUSION:
At $5/sf above-market premium on 5yr remaining term,
recapture is financially inferior to sharing in the sublease
premium — unless the landlord expects rents to rise further
above $45/sf during the recaptured term, or the tenant's
credit has deteriorated and recapture eliminates default risk.

The recapture math shows that recapture is most advantageous for landlords when: market rents are rising sharply (the re-leased space will command significantly more than the sublease rate); the original tenant's credit has deteriorated and the landlord prefers to eliminate the exposure; or the proposed subtenant is unsuitable for the building's tenant mix. When the sublease premium is modest and vacancy/TI costs are high, profit-sharing is financially superior to recapture from the landlord's perspective.

Profit-Sharing: How Landlords Capture Sublease Upside

Standard Profit-Sharing Structures

Profit-sharing clauses require the original tenant to pay the landlord a share of any sublease premium — the rent received from the subtenant in excess of the original lease rent — net of defined transaction costs. Standard profit-sharing splits include:

50/50 split: The most common structure; tenant and landlord split the net sublease premium equally after deducting the tenant's actual, documented transaction costs
60/40 or 75/25 tenant-favorable: Used in tenant-favorable markets or where the original lease rent is at or above market (tenant has little natural sublease upside)
100% to landlord after costs: Unusual, used in very landlord-favorable markets or with highly below-market original leases
Graduated split: Landlord takes a higher percentage as the premium grows larger (e.g., 50% on premiums up to 15% above base rent, 75% on premiums above 15%)

What Counts as a Deductible Cost

The battle over sublease profit-sharing is largely fought in the definition of deductible transaction costs. Tenants want broad cost deductions to maximize their net profit and reduce the landlord's share. Landlords want narrow definitions to preserve their share of the upside. Typically permitted deductions:

Broker commissions paid to lease the sublease space (market rate, documented)
Tenant improvement allowance paid to the subtenant (market rate, documented, with a cap)
Free rent periods granted to the subtenant (converted to dollars at the sublease rent rate)
Legal fees incurred in negotiating and documenting the sublease
Costs of modifications made to the space for the subtenant's specific use

Typically not permitted as deductions: overhead allocations; management fees; the original tenant's opportunity cost; advertising or marketing costs above market; or any costs related to subleasing to an affiliate at below-market rent.

Credit Analysis of Subtenant and Assignee

Why Landlords Must Conduct Independent Credit Analysis

In a sublease, the original tenant's primary liability gives the landlord a backstop — if the subtenant fails, the original tenant must continue paying rent. But that backstop only works if the original tenant is still creditworthy and financially solvent. Landlords who approve subleases without analyzing the subtenant's credit are relying entirely on the original tenant's continued financial health, which may be exactly why the tenant is subleasing in the first place (distress, downsizing, business contraction). In an assignment, there is no backstop at all once the original tenant is released — the assignee's creditworthiness is the landlord's only protection.

Credit Analysis Framework

A landlord's credit analysis for a sublease or assignment request should examine:

Balance sheet strength: Net worth, total assets, total liabilities, and liquidity. As a general benchmark, the assignee's net worth should be at least 10x the annual rent obligation, with liquid assets covering at least 6 months of rent
Revenue and cash flow: Is revenue growing, stable, or declining? Is the business generating positive operating cash flow? Can the business service the rent obligation from its current cash generation?
Industry risk: Is the assignee in a sector experiencing structural headwinds? (e.g., retail in an e-commerce-disrupted category, office space for a company that shifted to remote work) Does the landlord already have concentration in this sector?
Lease term coverage: Does the assignee have a credible business plan for the full remaining lease term? A 10-year lease on a startup with 18 months of runway presents different risk than a 10-year lease on a profitable mature business
References: Feedback from the assignee's current and prior landlords, major lenders, and trade creditors provides real-world performance data that financial statements alone won't show

Credit Factor	Minimum Acceptable (Standard Tenant)	Minimum Acceptable (Startup/Early Stage)	Flags for Rejection
Net worth to annual rent	10x or greater	5x with strong cash position	Below 3x without guarantors
Cash runway (months)	12+ months liquid reserves	18+ months (burn rate matters)	Under 6 months — distress risk
Revenue trend	Stable or growing	Growing, with path to profitability	Declining 20%+ year-over-year
Prior landlord references	2 positive references	1+ positive; explain limited history	Any prior eviction or default
Personal guarantee	Not required for established co.	Required; principals must guarantee	Principals refuse to guarantee new entity

Lease Modification Requirements in Sublease Consent

What the Consent Agreement Should Cover

When a landlord consents to a sublease or assignment, the consent is typically documented in a formal consent agreement (or a "consent to sublease" letter agreement) that modifies and supplements the original lease. A well-drafted consent agreement protects the landlord by addressing:

Recapture of profit-sharing: Explicitly invoking the profit-sharing clause with the calculation methodology and payment timing
Subtenant direct pay obligation: Requiring the subtenant to pay rent directly to the landlord if the sublandlord defaults — this prevents the landlord from being caught without rent while a default notice and cure process runs
Subtenant agreement to be bound: Requiring the subtenant to execute an agreement confirming it is bound by all original lease terms applicable to its use of the space
Use restriction confirmation: Confirming that the subtenant's permitted use is within the original lease's permitted use and doesn't trigger any exclusivity or use restriction conflicts
Insurance requirements: Confirming the subtenant will maintain all insurance required under the original lease (naming the landlord as additional insured)
Restoration obligations: Confirming that any alterations made by the subtenant are subject to the original lease's restoration requirements at the expiration of the sublease or original lease
Release provisions (assignment only): Specifying whether and to what extent the original tenant is released from ongoing lease obligations post-assignment, and any carve-outs to the release (e.g., obligations accrued pre-assignment)

6 Red Flags Landlords Should Watch For

🛑 Red Flag 1: Subleasing to an Affiliate at Below-Market Rent

A tenant that subleases to a related entity (parent company, sister company, wholly owned subsidiary) at below-market rent may be attempting to transfer occupancy control without triggering profit-sharing or other sublease restrictions. Some leases explicitly exempt affiliate subleases from consent requirements and profit-sharing — a significant drafting error from the landlord's perspective. At minimum, even affiliate subleases should be subject to arm's-length rent requirements and notice obligations. Watch for subleases where the subtenant shares officers, directors, or major shareholders with the original tenant without a legitimate business justification for the below-market economics.

🛑 Red Flag 2: Assignment Structured as a Sublease to Avoid Assignment Restrictions

Tenants sometimes structure what is economically a transfer of the entire lease interest as a technical sublease (subleasing 100% of the space for the full remaining term less one day) in order to avoid more stringent assignment consent standards or recapture triggers that apply only to assignments. Leases should be drafted to treat any sublease of substantially all the premises (typically defined as 90% or more) for substantially the entire remaining term (typically 90% or more of the remaining term) as an assignment subject to assignment-level consent and recapture rights. Courts have supported recharacterization arguments in egregious cases.

🛑 Red Flag 3: Subtenant Has Lower Creditworthiness Than Original Tenant

A landlord who approves a sublease to a subtenant with materially weaker credit than the original tenant has effectively downgraded the building's rent roll quality — even though the original tenant technically remains liable. If the original tenant is subleasing because its own business is contracting or distressed, the original tenant's primary liability may be worth very little in practice. Approve subtenant credit on a standalone basis as if the original tenant's guarantee does not exist. If the subtenant's standalone credit is insufficient, require additional security (guaranty, letter of credit, security deposit) from the subtenant as a condition of consent.

🛑 Red Flag 4: Sublease Creates Tenant Mix Conflicts

A subtenant that violates another tenant's exclusive use clause, brings a competing use into the building, or creates a tenant mix conflict can expose the landlord to significant liability to the existing protected tenant — even though the landlord only approved a consent request, not the sublease itself. Before approving any sublease, verify the proposed subtenant's use against every existing tenant's exclusive use rights, permitted use restrictions, and any building-level use restrictions. Document the review. If there is any potential conflict, resolve it before granting consent — not after a subtenant is already in occupancy.

🛑 Red Flag 5: Inadequate or Expired Insurance

A sublease that goes into effect before the subtenant has provided evidence of insurance meeting the original lease requirements creates an uninsured liability gap. The original tenant's policy may not cover the subtenant's operations or acts. Require proof of compliant insurance from the subtenant — with the landlord named as additional insured — as a condition to consent becoming effective, not as a post-signing administrative matter. Subleases where the subtenant has an unusual or higher-risk use (food service, manufacturing, chemical storage) may require higher coverage limits than the standard office or retail insurance requirement in the original lease.

🛑 Red Flag 6: Missing or Insufficient Profit-Sharing Mechanics

Profit-sharing clauses that lack clear accounting and payment mechanics — how is the premium calculated, when is it paid, who verifies the transaction cost deductions, what happens if the tenant and landlord disagree on the calculation — create disputes that are expensive to resolve. Landlords should ensure profit-sharing clauses in the original lease (and in consent agreements) specify: the calculation date and frequency (monthly, quarterly, or annually), the documentation requirements for transaction cost deductions, the right to audit supporting documentation, the payment deadline, and the consequence of underpayment (interest, default trigger, or both).

✅ 12-Item Landlord Sublease/Assignment Consent Checklist

Confirm the request is formally made in writing — including the proposed subtenant/assignee's identity, proposed use, financial statements, and proposed commencement date, as required by the lease.
Verify whether the consent standard is "reasonable" or "absolute" — and apply the correct standard to avoid claims of unreasonable withholding under a reasonable consent clause.
Conduct independent credit analysis on the subtenant/assignee — net worth, liquidity, revenue trend, industry risk, prior landlord references — on a standalone basis regardless of original tenant's continuing liability.
Review proposed use against all existing tenants' exclusive use rights — and against building-level use restrictions; document the review and resolve conflicts before granting consent.
Calculate the sublease premium and determine whether to recapture — run the recapture math (premium vs. vacancy/TI cost) before deciding; recapture is not always financially superior even when rent is above market.
Invoke profit-sharing clause if recapture is not exercised — confirm calculation methodology, permitted deductions, documentation requirements, and payment timing in the consent agreement.
Evaluate whether original tenant's release from liability is appropriate — for assignments, assess the assignee's credit on a standalone basis; require a personal guarantee from assignee principals if the assignee is a new or thinly capitalized entity.
Require subtenant/assignee to confirm insurance compliance — proof of compliant insurance meeting original lease requirements (with landlord as additional insured) before consent becomes effective.
Include subtenant direct-pay obligation in consent agreement — requiring the subtenant to pay rent directly to the landlord upon written notice of a sublandlord default, without waiting for the sublandlord's cure period to expire.
Confirm restoration obligations are preserved — any alterations or improvements made by the subtenant remain subject to the original lease's restoration requirements on or before the original lease expiration.
Collect landlord's consent fee and legal fee reimbursement — as specified in the original lease; collect before issuing consent, not after.
Set a response deadline and respond within it — under a reasonable consent standard, failing to respond within a stated period (typically 30 days) may be deemed consent by default; calendar the response deadline and respond timely even if additional information is needed.

Frequently Asked Questions

What is the difference between a sublease and an assignment from a landlord's perspective?

In a sublease, the original tenant remains directly liable to the landlord throughout the sublease term — the subtenant pays the sublandlord, who pays the landlord. In an assignment, the original tenant transfers all rights and obligations to the assignee, who takes over the lease directly. Landlords generally view assignments as cleaner (direct relationship with the new tenant) but riskier if the original tenant is released from liability. Subleases retain the original tenant as a backstop but create an intermediary that can complicate rent enforcement. Both structures give landlords recapture rights and profit-sharing opportunities if the lease is properly drafted.

What does 'reasonable consent' mean in a commercial lease sublease clause?

A "reasonable consent" standard means the landlord cannot arbitrarily withhold approval of a sublease or assignment request. Legitimate grounds for refusal include: insufficient subtenant/assignee credit, use conflicts with other tenants' exclusivity rights, or reputational/operational concerns about the proposed occupant. Courts have found that withholding consent solely to capture higher market rent, to force a lease renegotiation, or to eliminate a tenant the landlord dislikes does not constitute a reasonable basis. Under a reasonable consent standard, an unreasonable refusal can entitle the tenant to sublease without consent or bring a damages claim against the landlord.

What is a recapture right in a sublease clause?

A recapture right allows the landlord to terminate the original lease (or the subleased portion) upon receiving a sublease or assignment consent request, instead of granting consent. The landlord then relets the space directly at market rates. Recapture eliminates the original tenant's ability to profit from a sublease premium but also eliminates the original tenant's lease entirely. The financial case for recapture depends on the premium size, expected vacancy period, TI costs, and whether rents are expected to rise further. In many scenarios, sharing in the sublease premium is more profitable for landlords than incurring vacancy and TI costs to recapture.

How does sublease profit-sharing work?

Profit-sharing clauses require the original tenant to share the sublease premium — the amount by which sublease rent exceeds original lease rent — with the landlord, typically 50/50 after the tenant deducts documented transaction costs (broker commissions, TI to subtenant, free rent, legal fees). Example: original rent $40/sf, sublease rent $45/sf, 10,000 sf, 5 years remaining. Gross premium = $250,000 over 5 years. After $135,000 in transaction costs, net premium = $115,000. Landlord's 50% share = $57,500. Disputes typically arise over what costs are deductible — landlords should negotiate narrow deduction definitions and audit rights at the original lease stage.

What credit standards should a landlord apply when evaluating a subtenant or assignee?

Landlords should apply credit standards comparable to those required of the original tenant at lease signing. Key metrics: net worth at least 10x annual rent obligation; 12+ months of liquid reserves; stable or growing revenue; positive operating cash flow; two positive prior landlord references; and no history of commercial lease defaults or evictions. For assignments to new or thinly capitalized entities, require personal guarantees from principals. Analyze subtenant/assignee creditworthiness on a standalone basis — don't rely on the original tenant's continuing liability as an excuse to skip credit analysis on the new occupant.

Can a landlord charge a fee for reviewing a sublease or assignment request?

Most commercial leases allow the landlord to charge a reasonable administrative fee for reviewing sublease or assignment requests — typically $1,000–$3,000 for standard transactions, plus reimbursement of actual legal fees. Courts enforce these fee provisions when reasonable. A landlord who charges an excessive fee relative to the transaction's complexity risks a court finding the withholding of consent unreasonable. Tenants should negotiate a cap on landlord legal fee reimbursement at the original lease stage — $1,500–$3,500 is typical in most markets. Landlords should collect the review fee before issuing consent, not after.

Analyze Sublease and Assignment Provisions With LeaseAI

LeaseAI extracts consent standards, recapture rights, profit-sharing mechanics, and credit requirement provisions from commercial leases — giving landlords and tenants a complete picture of their sublease and assignment rights before any transaction request is made.

Try LeaseAI Free →

Sublease vs. Assignment: The Landlord's Perspective on Consent, Recapture & Profit-Sharing 2026