Document Type: DOCX
Number of Pages: 4
A Sublease Agreement is a legally binding contract between an existing tenant (the Sublessor) and a new tenant (the Sublessee), allowing the Sublessee to rent all or part of the leased premises from the Sublessor.Key Components:1. Parties Involved2. Recitals3. Description of the Premises4. Lease Term5. Rent and Security Deposit6. Obligations of the Parties7. Utilities and Maintenance8. Termination and Breach9. Indemnity and Liability10. Governing Law and Dispute Resolution11. General Provisions12. Signatures and WitnessesPurpose:1. Ensures legal protection for both parties.2. Prevents misunderstandings by clearly defining rights and responsibilities.3. Helps the Sublessor avoid liability for damages caused by the Sublessee.4. Ensures the Landlord’s permission is granted.Download an editable template which you can customize to meet your requirements.
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