Include Payments to Affiliates in Sublet Profit-Sharing Clause

Typically, when an owner agrees to allow a tenant to assign or sublet its space, it uses lease provisions that require the tenant to give it some or all of its profits from any sublet or assignment. If your lease says that these profits include the sale of any of the tenant’s personal property, namely furniture and equipment, you might think that you’ve covered all your bases and that the tenant must pay you under those circumstances.