Control of a sublet

[Michael King]

Hi everyone,

    I live in Massachusetts.

    Hypothetical: Let's say I use a lease option to basically take over a property from an owner/seller. Then I sublet the property to a tenant or tenant/buyer. My broker voiced concerns that I would have little control over the tenant that is subletting from me. For example, if the tenant I am subletting to doesn't pay his rent, my broker thought I would have to go through the owner/seller of the property to have my tenant evicted, and that I couldn't pursue the process myself. Is that true?

    From what I thought, the lease option that I signed with the owner/seller would give me an interest in the property (not an ownership interest, but an interest from a control standpoint). I was also under the impression that the sublease would be subordinate to my lease with the owner/seller and thus I would have total control over the conditions of the sublease.

    Thanks,

                 Mike