Sublease Agreement Template

					This is an agreement between a tenant and a sublessee for the sublease of certain
property. The parties can customize this agreement to specify the length of the
sublease, the location of the premises, the rent amount, and the security deposit.
Generally, the original tenant retains some obligation under a sublease agreement and
can be liable to the original landlord for any unpaid rent or damage to the property. The
original lease between the tenant and the landlord can be attached under “Exhibit A” of
this agreement. This agreement can be used by individuals or small businesses that
want to sublease a portion or all of their premises to a sublessee.
                                 SUBLEASE AGREEMENT
       This Sublease Agreement (“Agreement”) is hereby entered into this _____ day of
___________, ___________ by and between _____________________ of ________________
(“Sublessor”), ______________________ of ______________________ (“Sublessee”), and
________________________ of _____________________ (“Lessor”).

                                         RECITALS

       WHEREAS, Sublessor has entered into a lease agreement dated ______________ for the
premises located at _____________________ (the “Premises”) with Lessor for a term ending on
___________________________ (the “Lease”), a copy which is attached hereto as Exhibit “A”
and incorporated herein by reference; and

       WHEREAS, Sublessee and Sublessor wish to enter into this Agreement, pursuant to
which Sublessor will sublease the Premises to Sublessee.

       NOW, THEREFORE, the Parties agree to the following terms and conditions.

                                 TERMS AND CONDITIONS

1.     TERM

        This Agreement shall commence on ________________________ and shall continue in
effect for a period of ______________________ (__) years.

2.     PREMISES

       For the term of this Agreement, Sublessor hereby subleases to the Sublessee the Premises
located at: ___________________________________________________________________
______________________________.

3.     RENT

        Sublessee agrees to pay a monthly rent at the rate of ___________ dollars ($___) per
month for the term of this Agreement. Sublessee shall pay the rent on the ___________ day of
every month. If the rent or any other monies due under this Agreement is not paid as and when it
is due, Sublessee agrees to pay a late fee of ________ dollars ($___).

4.     SECURITY DEPOSIT

        Sublessor acknowledges receipt of _____________ dollars ($__) as security deposit for
the Premises. Sublessor may deduct any amount of damages incurred due to Sublessee’s breach
of this Agreement from the security deposit. Sublessee shall not apply the security deposit to
any unpaid rent or late fees. Upon termination of this Agreement: (a) Sublessee shall surrender
the Premises in good repair and condition, reasonable wear and tear excepted and (b) Sublessor


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shall process the security deposit and provide Sublessee with an itemized list of security deposit
deductions and copies of all related bills provided by contactors, repairmen, or cleaning services.
Sublessor shall then return the remainder of the security deposit to Sublessee.

5.     INSPECTION

        Sublessor and Sublessee shall conduct a joint inspection of the Premises and shall record
in writing any damage or deficiencies that exist before the commencement of the Term.
Sublessor will be liable for the cost of repairing or correcting the damages found at the time of
the inspection.

6.     MAINTENANCE

       Sublessee shall maintain the Premises in good repair, replace the fittings and fixtures as
and when necessary at its own cost, and shall not be entitled to claim any reimbursement for the
same from Sublessor.

7.     QUIET ENJOYMENT

       Sublessee shall be entitled to quiet and peaceful enjoyment of the Premises, and neither
Sublessor nor Lessor will interfere with that right, as long as Sublessee pays the rent in a timely
manner and performs all other obligations under this Agreement.

8.     TERMS & CONDITIONS OF LEASE

        Sublessee acknowledges receipt of a copy of Sublessor’s Lease and Lessor’s rules and
regulations. Sublessee agrees to observe all applicable terms and conditions of the Lease along
with any rules and regulations during the Term. Any failure by Sublessee to abide to any such
terms and conditions will be considered a breach of this Agreement.

9.     USE

       Sublessee shall not use the premises for any purpose other than as a private residence.

10.    TERMINATION

       If, at any time during the Term, any of the rent remains unpaid, there is a material breach
of any of the covenants under this Agreement, or if Sublessee becomes or is declared insolvent,
then Sublessor may terminate this Agreement and re-enter the Premises.

11.    SUBLEASING & ASSIGNMENT

       Sublessee shall not make any further assignments or subleases without the prior written
approval of Sublessor and Lessor.

12.    SEVERABILITY



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        If any part or parts of this Agreement shall be held unenforceable for any reason, the
remainder of this Agreement shall continue in full force and effect. If any provision of this
Agreement is deemed invalid or unenforceable by any court of competent jurisdiction, and if
limiting such provision would make the provision valid, then such provision shall be deemed to
be construed as so limited.

13.    BINDING EFFECT

        The covenants and conditions contained in this Agreement shall apply to and bind the
parties and the heirs, legal representatives, successors, and permitted assigns of the Parties.

14.    ENTIRE AGREEMENT

        This Agreement constitutes the entire agreement between the parties and supersedes any
prior understanding or representation of any kind preceding the date of this Agreement. There
are no other promises, conditions, understandings, or other agreements, whether oral or written,
relating to the subject matter of this Agreement. This Agreement may be modified in writing
and must be signed by all parties.

15.    GOVERNING LAW

        This Agreement shall be governed by and construed in accordance with the laws of the
State of ______________________.

16.    NOTICES

       Notice and other communications, which either party desires to give the other, may be
given either personally or by post through certified mail, to the following addresses:

Sublessor:
___________________________________
___________________________________
___________________________________

Sublessee:
___________________________________
___________________________________
___________________________________

17.    WAIVER

       The failure of either party to enforce any provision of this Agreement shall not be
deemed a waiver or limitation of that party’s right to subsequently enforce and compel strict
compliance with every provision of this Agreement. Acceptance of rent by Sublessor does not
waive Sublessor’s right to enforce any provisions of this Agreement.



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18.       ADDITIONAL AGREEMENTS



       IN WITNESS THEREOF, the parties have executed this Agreement on the date first
above written.



Lessor:                                                   Dated:


Sublessor:                                                Dated:


Sublessee:                                                Dated:




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                                 Exhibit “A”

                                 Master Lease




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Entire document copyright © Docstoc®, Inc., 2010 - 2013 All Right Reserved




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usal granted to Sublessee by Master Lessor in connection with this Sublease, or any
option or right substantially similar thereto, either to extend or renew the Master Lease, to
purchase the Premises or any part thereof, or to lease or purchase adjacent property which
Master Lessor may own or in which Master Lessor has an interest, or if Broker is the
procuring cause of any other lease or sale entered into between Sublessee and Master
Lessor pertaining to the Premises, any part thereof, or any adjacent property which
Master Lessor owns or in which it has an interest, then as to any of said transactions,
Master Lessor shall pay to Broker a fee, in cash, in accordance with the schedule of
Broker in effect at the time of the execution of this Sublease.


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      (d) Any fee due from Sublessor or Master Lessor hereunder shall be due and payable
upon the exercise of any option to extend or renew, upon the execution of any new lease,
or, in the event of a purchase, at the close of escrow.

     (e) Any transferee of Sublessor’s interest in this Sublease, or of Master Lessor’s
interest in the Master Lease, by accepting an assignment thereof, shall be deemed to have
assumed the respective obligations of Sublessor or Master Lessor under this Paragraph
10. Broker shall be deemed to be a third-party beneficiary of this Paragraph.

   11. Attorney’s Fees. If any party or the Broker named herein brings an action to
       enforce the terms hereof or to declare rights hereunder, the prevailing party in any
       such action, on trial and appeal, shall be entitled to his reasonable attorney’s fees
       to be paid by the losing party as fixed by the Court.

  12. Additional Provisions. [IF THERE ARE NO ADDITIONAL PROVISIONS,
DRAW A LINE FROM THIS POINT TO THE NEXT PRINTED WORD AFTER THE
SPACE LEFT HERE. IF THERE ARE ADDITIONAL PROVISIONS, PLACE SAME
HERE.]


   13. Governing Law. This Sublease shall be governed by the laws of the State of
__________. Any disputes hereunder will be heard in the appropriate state and federal
courts located in the County of _________, [State].




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Executed at:__________________________                    Sublessor: __________________________

On:_________________________________                      By:___________________________________
                                                          _
Address:_____________________________
                                                          Printed Name:___________________________
____________________________________
                                                          Title:__________________________________


Executed at:__________________________                    Sublessee: __________________________

On:_________________________________                      By:___________________________________

Address:_____________________________ Printed Name:___________________________

____________________________________                      Title:__________________________________


                                                          Consented to:

                                                          [NAME OF LANDLORD]

                                                          By:___________________________________

                                                          Printed Name:__________________________

                                                          Title:_________________________________

                                                          On:___________________________________




© Copyright 2010 Docstoc Inc. registered document proprietary, copy not                   8
				
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Description: This is an agreement between a tenant and a sublessee for the sublease of certain property. The parties can customize this agreement to specify the length of the sublease, the location of the premises, the rent amount, and the security deposit. Generally, the original tenant retains some obligation under a sublease agreement and can be liable to the original landlord for any unpaid rent or damage to the property. The original lease between the tenant and the landlord can be attached under “Exhibit A” of this agreement. This agreement can be used by individuals or small businesses that want to sublease a portion or all of their premises to a sublessee.
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