Agreement allowing a tenant to rent the property to another party.
This Sublease Agreement outlines the terms under which a current tenant ("Sublessor") agrees to sublease the rental property to another individual ("Sublessee"). It defines the responsibilities, rental terms, and obligations of all involved parties.
This Sublease Agreement is made on {agreementDate} between:
The Sublessor agrees to sublease to the Sublessee the premises located at {rentalAddress}.
The sublease shall begin on {startDate} and end on {endDate}.
The Sublessee agrees to pay a monthly rent of ${monthlyRent}, payable on the {rentDueDay} of each month, to the Sublessor at {rentPaymentAddress}.
The Sublessee shall pay a security deposit of ${securityDeposit}, which may be used to cover damages beyond normal wear and tear.
The following utilities/services will be paid as follows:
Utility/Service | Responsible Party |
---|---|
{#utilities}{utilityName} | {responsibleParty}{/utilities} |
This sublease is subject to the original lease agreement dated {originalLeaseDate} between the Sublessor and the landlord, {landlordName}. The Sublessee agrees to abide by all the terms and conditions of the original lease.
At the commencement of the sublease, the property is in the following condition: {premisesCondition}.
The following individual(s) will reside in the premises during the sublease term:
{#occupants}
{/occupants}
No modifications to this sublease shall be valid unless made in writing and signed by both parties.
Either party may terminate this agreement before the end date by providing {noticePeriod} days' written notice and fulfilling any responsibilities for the remainder of the lease period.
{additionalTerms}
By signing below, both parties agree to the terms and conditions stipulated above:
Party | Name | Signature | Date |
---|---|---|---|
{#signatures}{role} | {name} | {signature} | {date}{/signatures} |
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