Sublease Agreement Template - New Jersey

Sublease Agreement Template - New Jersey

Compose a New Jersey Sublease Agreement if you rent an apartment or office space and no longer can or want to deal with regular rent payments without, however, terminating the lease. A third party - a subtenant - can replace you and bear the financial responsibility of paying rent. It is recommended to look for a subtenant and sign any kind of agreement with them with the authorization of the landlord - even if the original lease allows you to make a decision to sublet, try to maintain a trusting relationship with the person or organization that owns the residence you live in or the commercial estate your business is located in.

In most cases, the sublease contract will include the names and contact information of the parties, the reference to the lease this agreement will be a part of, the legal address and the description of the real estate to be re-rented, the term of the sublease, and the responsibilities of the third party that assumes the role of the tenant - they have to pay the rent and often deal with improvements and repairs of the property.


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