Standard Commercial Sublease Agreement

Owner: The owner is the owner who owns or manages the property, who offered the property for rent and who has entered into a lease agreement with the tenant. The landlord must give the tenant permission to sublet the space. Landlord Authorization Form – Most standard tenancy agreements do not allow sublease by the tenant, which is why the tenant must obtain the landlord`s consent in order to enter into a sublease agreement. This sublease agreement is concluded between the tenant – The tenant accepts the sublease and the subtenant agrees to rent the following premises:___________________________________________________________________________Premises Description:_________________________________________________________________________________________________________________________________________________________________________________________________________________________________The tenant and lessor – (here called “Master Lease”). This sublese agreement is accompanied by a copy of Masterlease.1. TERM:This term sublease begins the extension option is the following (choose one):[] The tenant has the option to extend this period of validity by `month`. If the deputy president extends the unterlease, he must send a written message to the client days before the expiry of the original in-between-lees. In the event of an extension of the sublease, the sublease complies with the same conditions and conditions as those provided in this commercial sublease contract. [ ] The subtenant does not have the option of extending this sublease.2. RENT:The subtenant agrees to pay the tenant an amount of – per month as rent on the day – of each month.

If the rent due is not paid before the day of the month, the tenant agrees to pay a late fee equal to an additional late fee of – per day until the full payment of the rent.3 DEPOSIT SAFETY:The subtenant deposits a tenant`s amount of money as a security deposit. The tenant has the right to make deductions from this deposit for payments due and to compensate for any delay in this commercial sublease contract by the subtenant. At the end of this sublease agreement, the tenant reimburses the subtenant for the remaining amount of that deposit.4 MASTER LEASE:The subtenant is subject to all master-leasing conditions, with the exception of master-leasing conditions which are directly contradicted by this sublease contract. In this case, the terms of this sublease contract are controlled by the master leasing agreement. In addition, the subtenant undertakes to fully and in a timely manner fulfill all the obligations and obligations of the tenant arising from the master-leasing. The tenant also undertakes to compensate the tenant for any liability, judgment, costs, damages, damages, damages or claims resulting from non-compliance with the main rent. The tenant heres presently presents to the subtenant that there is no existing delay of the Master-Lease by a party.5 PREMISES CONDITION: The subtenant inspected the premises and accepted the premises and all existing improvements in their current state on an “as-is” basis. At the beginning of this subletting period, the tenant is not required to make repairs or improvements in favour of the subtenant, but this does not exempt the tenant from obligations to the lessor under master lease.6