Commercial Sublease Agreement Template Word

19 sublease agreement templates word pdf pages.

Commercial sublease agreement template word. It basically gives the tenant a leeway to lease out whole or portions of the rented property to a third party. Sublease agreement templates by state a sublease is an additional contract to an existing lease agreement. 7 4 during the term of this sublease and for all periods subsequent for obligations which have arisen prior to. In most cases a sublease occurs when a tenant has time left on their rental agreement with the landlord and would like to vacate earlier than the end date.

Commercial sublease agreement template. 12 sublease agreement templates word pdf pages you can save up some extra cash by subleasing a part or the whole of your rented apartment to a new tenant. Commercial sublease agreement restricted only for the use in retail office or industrial space. It comes with neat sections on each of the major aspects of the contract like the property term payable.

Generally these kinds of lease agreement templates contain all the details of the owner the business tenant and the subtenant. This is often referred to as a sub tenant. A sublease agreement allows a tenant who has a lease to a residential property to assign their rights in the property so that a new individual called the subtenant can take over all or part of a property in their place. A sublease agreement does not cancel the lease agreement the tenant remains ultimately responsible for the monthly rent and for the property to be delivered without damage at the end of the term.

Instantly download free commercial sublease template sample example in microsoft word doc google docs apple mac pages format. Available in a4 us letter sizes. Word lessor is used it shall be deemed to mean the sublessor herein and wherever in the master lease the word lessee is used it shall be deemed to mean the sublessee herein. Apartments condominiums houses and roommate situations.

For this you would need a legal document called the sub lease agreement that would specify the details of this mutually agreed arrangement between you and the sub lease templates to. If you are looking for lease agreement templates that can be used for subleasing an office space this is the sample for you. A sublease agreement comes in play when a business tenant leases or subleases his leased property to another tenant without violating his present leasing conditions with the owner of the property. This agreement can be used when the original tenant will be gone from the property for either a portion or the entirety of the remaining term under the original lease.

A sublease agreement is between a tenant also known as the sublessor and a person seeking to rent the same space the sublessee.