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Commercial Sublease Agreement Template

Used 4,888 times

Commercial Sublease Agreement Template

Image 1

Created by:

[Tenant.FirstName][Tenant.LastName][Tenant.Company]

Prepared for:

[SubTenant.FirstName][SubTenant.LastName]

[SubTenant.Company]

I. PARTIES

This Commercial Sublease Agreement (herein, the "Agreement) is made and entered into by and between:

[Landlord.Company] (herein, the "Landlord"), with a mailing address of [Landlord.StreetAddress][Landlord.City][Landlord.State][Landlord.PostalCode],

and

[Tenant.Company] (herein, the "Tenant"), with a mailing address of [Tenant.StreetAddress][Tenant.City][Tenant.State][Tenant.PostalCode]

and

[SubTenant.Company] (herein, the "Subtenant"), with a mailing address of [SubTenant.StreetAddress][SubTenant.City][SubTenant.State][SubTenant.PostalCode], each a party, collectively referred to herein as the "Parties," on (date).

II. PREMISES

The Landlord leases to the Tenant, and the Tenant sublease to the Subtenant the property (Herein, the “Premises”) located at (insert property address). The Premises consist of approximately (insert size of property) of rentable (insert type of property, i.e., commercial, office, or industrial) space.

The Landlord and Tenant agree that the Premises are in good condition and fit for the use intended by the parties. The Landlord and Tenant warrant no known damage to the building which may cause any alterations or repairs necessary to correct such damage to be charged to the Subtenant.

III. ORIGINAL LEASE

The Landlord and the Tenant had entered into a lease agreement (Herein, the "Original Lease") for the premises described above on (date).

WHEREAS, the Tenant is subletting to the subtenant with explicit approval from the landlord.

WHEREAS, the Tenant and Subtenant agree that this agreement is subject and subordinate to all the terms, covenants, and conditions of the original lease.

IV. TERMS

This sublease will be a term of (insert number) months, starting on (date) and ending on (date) (herein, the "Sublease Term").

V. RENT PAYMENT

Subtenant will pay the tenant the amount of ($amount) payable on the (insert day) of every month during the term. The rent shall be paid in the following manner: (insert mode of payment, e.g., online bank transfer, cash, cheque, etc.)

The tenant will be responsible for paying the original rent to the landlord as agreed on the original lease.

IN WITNESS WHEREOF, the parties have indicated their agreement to be bound by the terms and conditions of this Agreement by affixing their signatures below on the dates indicated.

Signature
MM / DD / YYYY

Signature
MM / DD / YYYY

[Tenant.FirstName][Tenant.LastName]

[Tenant.Company]

[SubTenant.FirstName][SubTenant.LastName][SubTenant.Company]

Signature
MM / DD / YYYY

[Landlord.FirstName][Landlord.LastName]

[Landlord.Company]

Commercial Sublease Agreement Template

Used 4,888 times

Use this template — free