Cooperative Apartment Sublease Agreement
Sublease Agreement made on the (date), between (Name of Sublessor) of
(street address, city, state, zip code), referred to herein as Sublessor, and (Name of
Sublessee), of (street address, city, state, zip code), referred to herein as Sublessee.
Whereas, Sublessor is a member of (Name of Cooperative Apartment
Association), located at (street address, city, state, zip code), hereinafter called the
Whereas, Sublessor leases from the Cooperative a dwelling unit in the
Cooperative which Sublessor desires to sublease to Sublessee; and
Whereas, Sublessee desires to sublease the dwelling unit, hereinafter called the
Premises, from Sublessor.
Now, therefore, for and in consideration of the mutual covenants contained in this
Agreement, and other good and valuable consideration, the parties agree as follows:
I. Unit Leased; Term; Rental
Sublessor subleases to Sublessee for use as a dwelling, the Premises known as
dwelling unit number (number) in the structure of the Cooperative located at (street
address, city, state, zip code), from (date) to (date). As consideration for granting said
sublease, Sublessee agrees to pay to Sublessor, as rental, the sum of $____________
per month on the first day of each month (to be paid in advance) beginning (date). Said
payments shall be made to Sublessor at (street address, city, state, zip code), or to
such other address as Sublessee shall inform Sublessor in writing. If default is made in
the payment of any installment of the rent, the whole amount will and shall become
immediately due and payable.
II. Covenants of Sublessee; Rights of Sublessor and Cooperative
A. Sublessee agrees as follows:
1. To pay the rent when and as it shall become due, without demand
and without any deduction;
2. To hold the Premises for use as a dwelling for the above stated
3. To pay the gas and electric bills for the Premises when and as they
become due, making all required deposits with public utility companies;
4. Not to keep or allow to be kept any gasoline or other flammable
substance on the Premises;
5. Not to keep or allow to be kept any explosive substance on the
6. To repair and maintain the plumbing in the Premises;
7. Not to assign this Sublease or sublet the Premises or any part or to
use them for any purpose other than as a dwelling;
8. Not to make any structural change of or in the Premises without the
prior written consent of Sublessor and the Cooperative;
9. Not to remodel the Premises without the prior written consent of
Sublessor and the Cooperative;
10. Not to use the Premises or permit them to be used for any
disorderly or unlawful purpose;
11. Not to use the Premises or permit them to be used in any manner
reasonably offensive to any other resident of the Premises;
12. Not to keep or allow to be kept any gasoline or other explosive
substance on the Premises; and
13. At the expiration of the term, to surrender the Premises in as good
order and condition as and when received, with the exception of ordinary
wear and tear, fire and other casualties not occurring through the
negligence of Sublessee or the agents or guests of Sublessee.
B. Sublessor and/or agents of the Cooperative may at all reasonable hours,
on prior notice to Sublessee, enter into and on the Premises to make necessary
repairs, to protect the Premises from damage, and for all proper purposes.
C. Sublessor shall not be liable or responsible for loss or damage of or to any
articles or furniture in and on the Premises.
D. Sublessor shall not be liable or responsible to repair articles or furniture in
and on the Premises.
E. Sublessee shall comply with the Bylaws and Rules and Regulations of the
Cooperative now existing, or enacted by the Cooperative during the tenancy of
Sublessee, and subject to all the terms of the occupancy Agreement made
between the Cooperative and Sublessor.
F. If Sublessee is adjudicated bankrupt, or makes an assignment for the
benefit of creditors, this Sublease Agreement, at the option of Sublessor, shall
terminate, and the Premises shall be surrendered to Sublessor, who reserves the
right in either of those events to re-enter and repossess the Premises.
III. Personal Property Subject to Attachment for Nonpayment
It is further agreed between the parties that Sublessee shall not remove, or
attempt to remove, any personal property moved into the Premises during the term of
this Sublease and until the rent has been fully paid; and further, that any attempt to
remove the property shall entitle Sublessor to attach the property for all of the
installments of rent, whether due or to become due.
IV. Lessor’s Lien
It is further agreed by Sublessee that Sublessor shall have a lien on all the
personal property of Sublessee moved in and located on the Premises, as and for
security for the rent to be paid, as though Sublessee had executed a security
agreement to secure Sublessor for the rent to be paid under the terms of this Sublease.
V. Effect of Premises Becoming Uninhabitable
It is further agreed that if the Premises become uninhabitab