Sublease Agreement

This sublease agreement ("Agreement") is made and entered into this [Date] (the "Effective Date"), by and between [Your Name] (collectively, the "Sublessor"), and [Sublessee's Name] (the "Sublessee").

1. PREMISES

The Sublessor, being lawfully in possession of certain premises situated at [Your Address], herein leases to Sublessee the Premises, for the term, at the rental, and upon all the conditions set forth herein.

2. TERM

The sublease term will begin on [Start Date] and will end on [End Date]. After the expiration of the term of this sublease, this agreement will automatically renew under the same terms and conditions as outlined in this agreement, unless and until either the Sublessor or the Sublessee cancels this agreement with written notice.

3. RENT

The individual or entity referred to as the Sublessee is obligated to remit payment to the entity or individual known as the Sublessor. This payment is to be equivalent to the agreed-upon Rent Price, specified in United States dollars, and is to be made every month. The timing for each of these monthly payments is specified to be the first day of each corresponding month throughout the entirety of the lease's agreed-upon duration.

4. SECURITY DEPOSIT

Upon the execution of this Agreement, Sublessee will deposit with Sublessor the sum of [Security Deposit Amount in $] receipt of which is hereby acknowledged by Sublessor, as security for any damage caused to the Premises during the term hereof.

5. UTILITIES

In the absence of any provision within this Agreement that stipulates otherwise, the responsibility of ensuring payment for all utilities and services related to the Premises will be borne by the Sublessee.

6. INSURANCE

The individual or party who is identified as the Sublessee must ensure that adequate insurance coverage is maintained. This insurance should be of a sufficient amount to cover the entirety of the personal property that is situated on the premises being leased by the Sublessee. In the event of any damage sustained by such personal property, it is important to note that the Sublessor will not be held accountable or deemed responsible in any manner.

7. GOVERNING LAW

This Agreement shall be governed by and construed by the laws of the state of [State Name].

IN WITNESS WHEREOF, the parties have executed this Agreement as of the [Effective Date].

[Your Name]
[Your Company Name]

[Sublessee's Name]