A Commercial Sublease Agreement is a legally binding contract between a sublessor (the tenant of the property) and a sublessee (an individual or company who wishes to lease space from the tenant). It outlines the terms and conditions of the lease, including rent amount, duration of the lease, permitted uses of the space, and any other applicable rules or regulations. This agreement ensures that both parties understand their rights and responsibilities according to the law, providing for a secure and favorable arrangement for all involved.