Subleasing is the practice where an existing tenant rents out part or all of their leased commercial space to a third party known as the subtenant. A sublease, or sublet, occurs when a tenant assigns part or all of their lease to a new tenant.In general, most commercial leases permit subletting. A North Carolina sublease agreement is a legal contract that allows a tenant to act as a sublessor and rent their leased property to another tenant. This document outlines the terms under which the sublessee will rent the property from the sublessor, defining the dynamics of this unique legal relationship. If you are thinking about subleasing commerical space in San Francisco, these are things that you should think about before signing. Can a landlord evict a tenant without going to court? : Disposing of or removing a tenant's personal property before the eviction process is complete. Landlords can also evict renters for other reasons, including taking on boarders, damaging property, causing a disturbance, or breaking the law. Starting a vacation rental business in the North Carolina real estate market is easy and straightforward.