VIEWS: 2 PAGES: 10 POSTED ON: 10/14/2013
This is an agreement between a landlord and a sub-lessee of a tenant whereby the landlord acknowledges the sub-lessee’s presence on the property. Sub-leasing property can be a tricky endeavor, especially when the original lease agreement restricts sub-leasing or requires the landlord’s written consent to the sub-lease. Under this agreement, the landlord acknowledges the sub-lessee’s presence on the premises and the sub-lessee agrees to be bound by the original lease agreement. This agreement is ideal for individuals or small businesses that want to formalize a sub-lease agreement with the landlord of the property.