Disposition of Real Estate Assets
In the case of a sublease, the Tenant will remain liable for the rent in the event a Subtenant does not pay it.
For this reason, many Tenants would prefer to simply negotiate a termination agreement, or an assignment agreement, with the Landlord so they do not have to look backward. The key to negotiating a buyout of any type is for the Landlord to have a profitable replacement for your tenancy. To accomplish this, it is important to have a broker who is experienced in the intricacies of subleasing, assignments and the disposition of properties.