"Sub-lease Agreement Template" - North Carolina

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Download "Sub-lease Agreement Template" - North Carolina

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North Carolina Sub-Lease
I. Sublease. This form serves as a legally binding rental contract agreed upon
under the following terms and conditions:
II. Term. The date of this agreement shall begin on:
___________________________, 20_________ and end on
___________________________, 20_________
Hereinafter referred to as “the Term”
III. The Parties. The Lease Agreement is between the following:
Sub Lessor _______________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Sub Lessee (1) ____________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Sub Lessee (2) ____________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Sub Lessee (3) ____________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Minor children to be living on the property (if any):
Name ___________________________________________________________
Name ___________________________________________________________
Name ___________________________________________________________
Name ___________________________________________________________
North Carolina Sub-Lease
I. Sublease. This form serves as a legally binding rental contract agreed upon
under the following terms and conditions:
II. Term. The date of this agreement shall begin on:
___________________________, 20_________ and end on
___________________________, 20_________
Hereinafter referred to as “the Term”
III. The Parties. The Lease Agreement is between the following:
Sub Lessor _______________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Sub Lessee (1) ____________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Sub Lessee (2) ____________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Sub Lessee (3) ____________________________________________________
Mailing Address ___________________________________________________
City of ________________________________________ State _____________
Minor children to be living on the property (if any):
Name ___________________________________________________________
Name ___________________________________________________________
Name ___________________________________________________________
Name ___________________________________________________________
Hereinafter referred to as “The Parties”
 
IV.   M aster   L ease.   T he   P arties   a gree   t hat   t his   s ublease   a greement   i s   s ubject   t o   t he  
master   r ental   c ontract   s igned   b etween   t he   S ub   L essor   a nd   t he   L andlord/Manager  
dated   f rom   _ ____/_____/_____   t o   _ ____/_____/_____.   T he   S ub   L essee   m ust   f ollow   a ll   t erms  
and   c onditions   t herein.  
 
V.   T he   P roperty.   T he   p roperty’s   a ddress   i s   l ocated   a t    
_________________________________________________________________________________________________  
The   S ub   L essee   a grees   t o   o ccupy   t he   s pace   f or   t he   s ole   p urpose   o f   r esidential   u se.   I n  
addition   t o   t he   s pace,   t he   S ub   L essor   a grees   t o   a llow   t he   f ollowing   f urniture   f or   u se  
by   t he   S ub   L essee   d uring   t he   T erm:  
_________________________________________________________________________________________________  
Hereinafter   r eferred   t o   a s   “ The   P roperty.”  
VI.   R estrictions.   T he   p roperty  
  d oes   h ave  
  d oes   n ot   h ave   t he   f ollowing  
restrictions:  
_________________________________________________________________________________________________  
VII.   R ental   A mount.   S ub   L essee   a grees   t o   p ay   t he   s ub   l essor  
______________________________________________________   d ollars   ( $________________________._____)  
on   t he   _ ____   o f   e very   m onth   p ayable   t o   _ __________________________________________________.    
All   p ayments   s hall   b e   p aid   w ith   t he   f ollowing   i nstructions:  
________________________________________________________________________________________________.  
VIII.   D eposits   a nd   P rorated   P ayments.   T he   P arties   a gree   t o   t he   f ollowing  
payment(s)   t o   b e   m ade   b y   t he   S ub   L essee   a t   t he   t ime   o f   l ease   s igning:  
  -­‐   A dvance   R ent   $ ________________.______  
  -­‐   L ast   M onth’s   R ent   $ ________________.______  
  -­‐   P et   D eposit   $ ________________.______  
  -­‐   S ecurity   $ ________________.______  
  -­‐   _ ______________________________________   $ ________________.______  
All   d eposits   a nd   p ayments   a re   t o   b e   h eld   i n   a   s eparate  
  i nterest   b earing                    
 
non-­‐interest   b earing   a ccount   w ithin   _ _____   d ays   o f   t he   a uthorization   o f   t his  
Agreement.   A fter   _ _____   d ays   f rom   t he   e nd   o f   t he   T erm,   a ny   a nd   a ll  
payments/deposits   s hall   b e   r eturned   t o   t he   S ub   L essee   u nless   t here   i s   d amage   t o  
the   p roperty.   I f   a ny   d eposit   i s   n ot   f ully   r efunded,   t he   S ub   L essor   a grees   t o   g ive   t he  
Sub   L essee   a n   i temized   l ist   o f   a ll   d eductions.  
 
IX.   U tilities.   T he   f ollowing   e xpenses   s hall   b e   t he   r esponsibility   o f:  
Cable -
Sub Lessor
Sub Lessee
Electricity -
Sub Lessor
Sub Lessee
Heat -
Sub Lessor
Sub Lessee
Internet -
Sub Lessor
Sub Lessee
Trash -
Sub Lessor
Sub Lessee
Water -
Sub Lessor
Sub Lessee
Other -
Sub Lessor
Sub Lessee
________________________________________________________________
 
X.   D isclosure(s)   a nd   A ddendum(s).   T he   s ub   l essee   s hall   i nitial   b elow   i n  
acceptance   o f   t he   f ollowing:  
  -­‐   S ub   l essee   r ules   a nd   r egulations  
  -­‐   M ove-­‐in   C hecklist  
  -­‐   L ead-­‐Paint   D isclosure   S tatement   -­‐   R equired   f or   a ny   r esidence   b uilt   p rior   t o  
1978  
  -­‐   O ther   _ ___________________________________________________________________________________    
XI.   D isclaimer.   I f   o ne   p hrase,   s entence,   o r   p ortion   o f   t he   S ublease   A greement   i s  
found   t o   b e   i nvalid,   i t   s hall   n ot   a ffect   t he   v alidity   o f   t he   t erms   a nd   c onditions   o f   t he  
entire   a greement.  
 
XII.   T enancy.   I f   t he   S ub   L essee   f ails   t o   c omply   w ith   t his   a greement   o r   t he   M aster  
Agreement,   o r   t he   S ub   L essee   m isrepresented   t hemselves   i n   t he   a pplication   p rocess,  
the   S ub   L essee   s hall   b e   f ound   i n   v iolation   o f   t his   S ublease   A greement   a nd   u pon   t he  
decision   b y   t he   S ub   L essor   t his   a greement   m ay   b ecome   v oid.  
 
XIII.   T ime.   T ime   i s   o f   t he   e ssence.  
 
XIV.   C onsent   b y   t he   L essor.   I , the Lessor, hereby consent to this Sublease Agreement
and agree to promptly notify Sub Lessor within 3 business days in writing if Sub Lessee
is in breach of this Sublease Agreement. Nothing herein shall constitute a release of Sub
Lessor, who shall remain bound by the terms of the Master Lease Agreement. Nothing
herein shall constitute consent to any further Sublease Agreement or assignment of the
Master Lease Agreement or this Sublease.
In accordance with the law, prior to Lessor’s consent, Sub Lessor has informed Lessor of
Sub Lessor’s intent to sublease the Master Lease Agreement by mailing a notice of such
intent in the manner provided by law, accompanied by the following information:
  -­‐   T he terms of the Sublease Agreement
  -­‐   T he name(s) of the Sub Lessee(s)
  -­‐   T he business and permanent address of Sub Lessee(s)
  -­‐   L essee’s reasons for Subleasing
  -­‐   L essee’s address for the term of the Sublease
  -­‐   T he written consent of any co-Lessee and Sub Lessee as being a true copy of the
Sublease, to which a copy of the Parent Lease was attached.
  -­‐   T he following additional information ____________________________________
XV. Other Agreements. This legal document, along with any documents
incorporated by reference in paragraphs VIII and XII, represents the entirety of
the terms and conditions by which each party must abide. Any other agreements
or deals made between the Landlord and Sub Lessor, the Sub Lessor and Sub
Lessee, or the Landlord and Sub Lessee, must be attached and incorporated by
reference or will not be considered legally enforceable.
 
Signature Page
Sub Lessor’s Name (Printed) _________________________________________
Sub Lessor’s Signature _______________________________ Date _________
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Sub Lessee’s Name (Printed) ________________________________________
Sub Lessee’s Signature _______________________________ Date _________
Sub Lessee’s Name (Printed) ________________________________________
Sub Lessee’s Signature _______________________________ Date _________
Sub Lessee’s Name (Printed) ________________________________________
Sub Lessee’s Signature _______________________________ Date _________
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Landlord’s Name (Printed) __________________________________________
Landlord’s Signature _________________________________ Date _________
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