Have you ever leased a property and wondered about leasing it to someone else? Perhaps you are renting a rented car or have taken on a roommate to split the apartment rent with you. This is called subleasing, and it is a common practice of making sure the rented property is taken care of or paid for by a subtenant, either alongside you or in your absence. You may also see lease contract templates.
The sublease contract will naturally have a different contract template than that of the original (head) lease. If you’re looking to draft a sublease contract, these templates are the way to go.
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Sublease Contract Template
Sample Sublease Contract Template
Vehicle Sublease Contract Template
Office Sublease Contract Template
Sublease Business Contract
Commercial Sublease Contract Template
Free Sublease Contract Template
Understanding the Sublease
How is a sublease different from the primary head lease? Where does it part ways in regards to the terms and conditions?
- When you rent property, you are accountable to the original owner for the payment of the rental fees. In this case, you are the original tenant.
- When you sublease this property to another person, you become a landlord and the tenant becomes the subtenant. The subtenant is accountable only to you and not the owner as per the sublease contract.
Should I Sublease?
Subleasing is a good option if you
- are a frequent traveler and need someone to take care of the property while you are away,
- you are planning on going away for an extended amount of time and need a live-in caretaker, or
- need help to pay the original lease payments month by month as the case may be.
On this last point: If you are renting a commercial property and need help meeting rental payments, sometimes you can find help in the form of outside investments. In this case, an Investment Contract will be more helpful.
How to Create a Sublease Contract
Your first consideration is to check your original lease contract with the owner. This can take any form depending on the property. For apartments and other residential units, this will be a Real Estate Contract or rental agreement.
Not all contracts will allow for a sublease, so make sure the owner is aware of this and gives you approval (in writing) to sublease.
Your next step is merely to find a contract template from this list, download it for free, perhaps edit it, and have it printed out and duly accomplished.
Apartment Sublease Contract
Real Estate Sublease Contract Template
Hair Salon Sublease Contract
What Can I Sublease?
Most rental fixed property (i.e., cars, buildings, land) can be subleased if the original lease contract allows.
There is also an option to sublease service.
If you are hired as a contractor for an existing firm, the situation will call for a contractor agreement form. This might also take the form of a Consulting Contract. This situation is the equivalent of the original lease, since your services are “leased” or commissioned to complete a project.
You can then hire someone under you to help you accomplish the task. If in this case, you will be looking at a subcontractor agreement form.
All the above samples are for property subleases, be it residential or commercial. Be sure to check out our archives or follow the links for service lease forms.