Direct lease space is more expensive and more stable while sublease space is less expensive but shorterterm in nature. The rent attached to subleases is almost always substantially less than a direct lease.Subletting a commercial property is similar to assigning one, yet both transfer methods have very different outcomes. A valid sublease in North Carolina requires written approval from the landlord and a detailed sublease agreement. Subleasing is usually less expensive than direct leasing space. Some of this is because the original lease rate is set in the past. A sublet, or sublease agreement, adds someone new to an existing lease. Usually the new person (subletter) replaces someone who is moving out. And sublease, the "Parking Leases"). Dated as of December 23, 2019. between.