A sublease arrangement in Arizona allows the tenant to rent their residence to someone else to detail the terms of the agreement. A commercial sublease is an agreement to lease space from a tenant rather than directly from a property owner.A commercial sublease agreement is a statutory document authorizing a third party to occupy a leased property under the original lease agreement. If you leave personal property in the home after you have been locked out following a writ of restitution, your landlord must do the following: 1. Subletting, also known as subleasing, involves renting out a property or a portion of it that you are currently leasing, to a new tenant. A sublease agreement is a legal contract signed between a tenant and a third party allowing the latter to rent out the entire property or any part of it. An Arizona sublease agreement is a legal contract that allows a tenant (or "sublessor") to rent out a property they currently lease to a new tenant. A sublet, or sublease agreement, adds someone new to an existing lease. Usually the new person (subletter) replaces someone who is moving out. An Arizona sublease agreement is a legal contract that allows a tenant (or "sublessor") to rent out a property they currently lease to a new tenant.