In the event that the tenant of a property wants to give their rights to another party, under the lease, a sublease is necessary. This can apply to both residential as well as commercial property. For this reason, it is important to make sure there is a contract in place which protects the current tenant and the subtenant. Make use of these sublease contract templates to form a contract that outlines each party’s rights and responsibilities.
5 Steps to Write a Tenant Sublease Agreement
Step 1: Names and Dates
Make sure to identify the names and roles of each party in the contract. Thus the original leaseholder of the property is the Tenant and the person subletting the property is the Subtenant. You also have to mention the date on which the contract was created.
Step 2: Property Details
Be sure to mention the full address of the property. If only a part of the property is being given on sublease, complete details of this area also must be stated in the description. Then there is the question of the commercial lease and residential lease. If it is a residential lease, it should be stated that it is to be used for residential purposes only, and if commercial then must be used for commercial purposes only.
Step 3: Term of the Sublease
It must be very clearly stated in the lease exactly how long the duration of the lease is. Ensure that you have mentioned the date the sublease begins and also the date when it ends. It must be determined at an earlier time, when the subtenant will surrender possession of the property. This will make sure that there are no discrepancies at a later time.
Step 4: Rent Schedules
Of course one of the most important things to add to your agreement is the manner in which rent will be paid to you, by the subtenant. This includes how often the rent will be paid, on which date, and how much the amount is. This section must also include the address to which the rent must be sent, any penalty for late payment, and also what your financial contributions are going to be.
Step 5: Security Deposit and Other Details
Outline the clauses surround the security deposit, if the subtenant must pay one. Mention not only the amount of the deposit, but also the information about the return of the deposit at the end of the lease. It must also include information about the conditions under which the security deposit might be withheld (usually because of non-payment of rent or damage to the property). Finally, the date and signature of both parties will seal the agreement.
10+ Tenant Sublease Agreement Templates
1. Tenant Sublease Agreement Template
You must be sure to outline everything that the subtenant needs to know about the lease, in the agreement. This can include the parking amenities as well as the security deposit required. It also includes the Mother Lease and its subsequent details. This sublease agreement will help cover all your bases.
2. Commercial Sublease Agreement Template
This kind of a detailed and professionally outlined commercial sublease agreement gives you a professional image when subleasing to a tenant. It has to be made very clear the names of the two parties that are involved in the agreement. The commercial agreement template is quite different from the residential one.
3. Sample Tenant Sublease Agreement Template
This template shown here has a number of details as well, this includes the inspection of the property; signing it means that the subtenant has agreed that the particular property is in good condition, without any defects. This sample sublease agreement template also mentions the governing law of the place in it.
4. Tenant Sublease Agreement Example
Giving as much information in the tenant sublease agreement is imperative for a smooth process. Be sure to add as much information as possible in the agreement, so as to avoid any complications later on. Rent information is not to be compromised on either, with regard to any increases in rent, etc.
5. Simple Sublease Agreement Template
You can also choose to make a simple agreement, that mentions the necessary details. There can be another document that outlines all the conditions necessary. Making it simple will help the subtenant address the most important information in the document. This sublease agreement template will help you in doing just this.
6. General Tenant Sublease Agreement Template
You can make the agreement straightforward by using this basic agreement template as it follows a methodical structure with regard to the information that is required for the agreement. It is necessary to be aware of the age of the subtenant in the occasion that a parent’s consent is necessary.
7. Sample Sublease Agreement
This legal agreement is very detailed and systematic in its approach. It makes it very clear exactly the responsibilities and the freedom that the subtenant enjoys. This too, allows for a smooth process. Thus this template is useful for when you want to make the process as simple as possible.
8. Sublease Agreement Template
Here, the important information in the rental agreement is stated in the first half and then there is the space for additional information. This makes for an easy understanding between the subtenant and the tenant. It will help you convey all you wanted to without missing anything, and you can add extra details later on.
9. Agreement Template for Tenant Subleases
In addition to the mandatory details, your agreement can also include clauses that talk about utilities, and other conditions like overnight guests, household chores and the like. This agreement template will give the subtenants a better understanding of the property. This adds clarity to your process and the subtenant knows what they are going into.
10. Formal Tenant Sublease Agreement Template
You can also include preferences such as the allowance of smoking within the property, pets etc. It is important to remember to include the conditions of the sublease, and what the termination clauses are. This sublease agreement will help in case you have to eventually write a notice for the client as well. To avoid complications later, mention the clauses clearly.
11. Template for Tenant Sublease Agreement
Make sure to get the exact address of the property noted down, along with the subtenant and tenant’s details in this tenant sublease agreement. If the entire property is not going to be sublet, make sure to mention this as well. Taking the time to outline the terms of the sublease, allows for an easy and transparent process, which will help when dealing with clients.