Sublease Agreement Template - Michigan

Sublease Agreement Template - Michigan

If you want to earn supplemental income while leaving your apartment or house for a long period of time or you need to move out from the commercial real estate because you cannot deal with additional expenses of the business, you can prepare a Michigan Sublease Agreement. This legally binding document will establish a contractual relationship between you and the third party, an individual or entity, that will pay the rent to the owner of the property while you are not using the rental unit.

Note that to make a sublease valid you need to have the consent of the landlord - the original text of the lease may already contain the sublease clause or you need to reach out to the landlord to negotiate the terms of the sublease. This agreement will protect the owner and the people who will use the real estate to live or work in - identify the parties, indicate the duration of the sublease and the location of the property, and name the person who will be responsible for keeping up with utilities and general maintenance.


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