Sublease Agreement template
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A sublease agreement is a legal document that includes the information when a tenant rents the property of a landlord, in which he/she is currently living, to some third party for a fixed period. This legal document contains the respective information of the new third-party tenant, the amount of period he/she will live in the house, and the related information. All the rents and fare are accountable to the 1st tenant and this agreement will only be approved by the property landlord. Keep in mind that a tenant is a person, or it can be a whole party who lends the land/property from a landlord over money for a specific time. This context includes the complete information about that sublease agreement made between the tenant, new tenant, and the landlord so please keep reading.
How do you write a sublease agreement?
Multiple steps need to be followed when writing a sublease agreement. To make sure of the validity of the agreement and the situation, you must follow some steps before writing the agreement. Below are attached some guidelines to follow when writing a sub-leasing agreement.
- Check and ask the landlord if you can sublease the property
- Check whether the subtenant is a trust-worthy person or not. Collect his info.
- Keep in mind that you are the responsible person if any bad thing happens.
- Think about the handling of security deposits.
- Find who will pay the rent
- Write the name of both parties (tenant and sub-tenant)
- Mention the property address
- Write the terms and conditions of sublease (if any)
- Mention the rent amount & the schedule to pay the rents
- Write about security deposits
- Provide the signature of both parties on the agreement and write the date
- Hand the agreement to the landlord
Our experts have written these amazing guidelines after deep research. These are a few conditions that you can follow to write a sublease agreement.
Sample sublease agreement template:
A sample sublease agreement is attached herewith for your help and ease. You can download this sublease agreement and use it after molding and changing it as per your requirements.
This Sublease “Agreement” is made and effective by today,
BY and BETWEEN: {{PARTY A}} (the "SUB-LESSOR"), an entity organized with Business Registration Number: {{Business Registration Number}} and existing under the laws of the {{Country}} / Passport: {{Passport Name}}, Passport Number}}, date of birth: {{date of birth }}, place of birth: {{place of birth}}
AND: {{PARTY B}} (the “SUB-LESSEE"), an entity organized with Business Registration Number: {{Business Registration Number}} and existing under the laws of the {{Country}} / Passport: {{Passport Name}}, Passport Number}}, date of birth: {{date of birth }}, place of birth: {{place of birth}}
-WITNESSETH -
Whereas, SUB-LESSOR is authorized by its LESSOR to sub-lease its leased premises situated at {{Location}};
Whereas, SUB-LESSEE is willing to sublease a portion of the aforesaid leased premises by way of desk space/s.
For and in consideration of {{Currency}}{{Amount}} monthly rental fee. SUB-LESSOR hereby leases a portion of its leased premises, particularly of desk space in favor of the SUB-LESSEE under the following terms and conditions agreed upon by the parties:...etc
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Numbers Mcconnell(3/22/2021) - GBR
Great content, professional and easy to customize for my work
Hae Mckinney(3/22/2021) - USA
Forwarded the page and some templates to a friend who needs this.
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