Sublease Agreement Template

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SUBLEASE AGREEMENT
This
Sublease Agreement (“Sublease”) is made effective as of ________________, by and
between _____________________________ (“Tenant”), and
___________________________ (“Subtenant”). Tenant has previously entered into a
lease agreement with ________________________________ (“Landlord”) dated
__________________ (the “Prime Lease”), a copy of which is attached as an exhibit to this
Sublease. Tenant now desires to sublet the leased property to Subtenant and Subtenant desires to
sublet the leased property from Tenant. Therefore, the parties agree as follows:
1.
PREMISES. Tenant, in consideration of the sublease payments provided in this
Sublease, sublets to Subtenant the property located at _________________________________.
[optional]The legal description for the Premises is:____________________________.
2.
TERM AND POSSESSION. The term of this Sublease will begin on
_________________ and unless terminated sooner pursuant to the terms of this Sublease, it will
continue for the remainder of the term provided in the Prime Lease, which terminates on
_________________.
3.
SUBLEASE PAYMENTS. Subtenant shall pay to Tenant sublease payments of
$______.00 per month, payable in advance on the first day of each month, for a total sublease
payment of $________.00. Sublease payments shall be made to Tenant at __________________,
which may be changed from time to time by Tenant.
4.
SECURITY DEPOSIT. At the time of the signing of this Sublease, Subtenant
shall pay to Landlord, in trust, a security deposit of $____.00 to be held and disbursed for
Subtenant damages to the Premises or other delimits under this Sublease (if any) as provided by
law.
5.
NOTICE. Notices under this Sublease shall not be deemed valid unless given or
served in writing and forwarded by mail, postage prepaid, addressed as follows to every
interested party:
TENANT:
______________________________________
______________________________________
_____________________, ____ ____________
SUBTENANT:
______________________________________
______________________________________
____________________, ____ _____________
Sublease Agreement – Page 1
SUBLEASE AGREEMENT
This
Sublease Agreement (“Sublease”) is made effective as of ________________, by and
between _____________________________ (“Tenant”), and
___________________________ (“Subtenant”). Tenant has previously entered into a
lease agreement with ________________________________ (“Landlord”) dated
__________________ (the “Prime Lease”), a copy of which is attached as an exhibit to this
Sublease. Tenant now desires to sublet the leased property to Subtenant and Subtenant desires to
sublet the leased property from Tenant. Therefore, the parties agree as follows:
1.
PREMISES. Tenant, in consideration of the sublease payments provided in this
Sublease, sublets to Subtenant the property located at _________________________________.
[optional]The legal description for the Premises is:____________________________.
2.
TERM AND POSSESSION. The term of this Sublease will begin on
_________________ and unless terminated sooner pursuant to the terms of this Sublease, it will
continue for the remainder of the term provided in the Prime Lease, which terminates on
_________________.
3.
SUBLEASE PAYMENTS. Subtenant shall pay to Tenant sublease payments of
$______.00 per month, payable in advance on the first day of each month, for a total sublease
payment of $________.00. Sublease payments shall be made to Tenant at __________________,
which may be changed from time to time by Tenant.
4.
SECURITY DEPOSIT. At the time of the signing of this Sublease, Subtenant
shall pay to Landlord, in trust, a security deposit of $____.00 to be held and disbursed for
Subtenant damages to the Premises or other delimits under this Sublease (if any) as provided by
law.
5.
NOTICE. Notices under this Sublease shall not be deemed valid unless given or
served in writing and forwarded by mail, postage prepaid, addressed as follows to every
interested party:
TENANT:
______________________________________
______________________________________
_____________________, ____ ____________
SUBTENANT:
______________________________________
______________________________________
____________________, ____ _____________
Sublease Agreement – Page 1
LANDLORD:
______________________________________
______________________________________
________________________, ____ ________
Such addresses may be changed from time to time by any party by providing notice to the other
interested parties as described above.
6.
GOVERNING LAW. This Sublease shall be construed in accordance with the
laws of the State of _______________.
Option 1-
7.
LANDLORD’S CONSENT.
The Prime Lease requires the prior
Such
written consent of Landlord to any subletting of the Premises.
consent has been obtained
and a copy is attached as an exhibit. Option 2 – Tenant has the right to sublease the Premises per
the terms of the attached Prime Lease and the Landlord’s consent is not required.
8.
INCORPORATION OF PRIME LEASE. This Sublease is subject to all of the
terms of the Prime Lease with the same force and effect as if each provision of the Prime Lease
were included in this Sublease, except as otherwise provided in this Sublease. All of the
obligations of Tenant under the Prime Lease shall be binding upon Subtenant. All of the
obligations of Landlord under the Prime Lease shall inure to the benefit of Subtenant. It is the
intent of the parties that, except as otherwise provided in this Sublease, the relationship between
Tenant and Subtenant shall be governed by the various provisions of the Prime Lease as if those
provisions were included in this Sublease in full, except that the terms “Landlord,” “Tenant’ and
“Lease’ as used in the Prime Lease, shall instead refer to, respectively, “Tenant,” “Subtenant’
and “Sublease.”
TENANT
_____________________________________
Insert Name
SUBTENANT
_____________________________________
Insert Name
Sublease Agreement – Page 2
RESIDENTIAL SUBLEASE
INSPECTION CHECKLIST
Subtenant has inspected the Premises and states that the Premises are in satisfactory condition,
free of defects, except as noted below:
SATISFACTORY
COMMENTS
Bathrooms
_________
______________________________
Carpeting
_________
______________________________
Ceilings
_________
______________________________
Closets
_________
______________________________
Dishwasher
_________
______________________________
Disposal
_________
______________________________
Doors
_________
______________________________
Fireplace
_________
______________________________
Lights
_________
______________________________
Locks
_________
______________________________
Refrigerator
_________
______________________________
Screens
_________
______________________________
Stove
_________
______________________________
Walls
_________
______________________________
Windows
_________
______________________________
Window coverings
_________
______________________________
______________
_________
______________________________
______________
_________
______________________________
Date: ________________
Subtenant:
_______________________________________________________
Insert Name
Acknowledged by Tenant:
________________________________________________________
Insert Name
Sublease Agreement – Page 3

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