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Business Sublet Lease Agreement
"I need a Business Sublet Lease Agreement for subletting 50% of my tech company's office space in Amsterdam to a startup for 2 years starting March 2025, with shared kitchen and meeting room facilities."
1. Parties: Identification of the head tenant (sublessor) and subtenant (sublessee), including full legal names, addresses, and registration details
2. Background: Context of the sublease arrangement, including reference to the head lease and confirmation of permission to sublet
3. Definitions: Definitions of key terms used throughout the agreement, including 'Premises', 'Head Lease', 'Term', and 'Permitted Use'
4. Demise: Formal grant of the sublease and description of the subleased premises
5. Term and Commencement: Duration of the sublease, start date, and end date (ensuring it ends before the head lease)
6. Rent and Other Payments: Rent amount, payment terms, service charges, utilities, and other financial obligations
7. Deposit and Guarantees: Security deposit requirements and any guarantees required from the subtenant
8. Use of Premises: Permitted business use of the premises and any restrictions
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and replacements
10. Alterations and Improvements: Rules regarding modifications to the premises
11. Insurance: Required insurance coverage and obligations
12. Compliance with Head Lease: Subtenant's obligations to comply with head lease terms
13. Assignment and Further Subletting: Restrictions on further transfer of rights
14. Termination: Grounds for termination and procedures
15. Governing Law: Confirmation of Dutch law governance and jurisdiction
1. Break Clause: Optional early termination provisions, used when parties want flexibility to end the agreement early
2. Fit-out Works: Details of any initial modifications to be made to the premises, used when premises require modification for subtenant's use
3. Service Level Agreement: Specific service provisions if sublessor provides additional services to subtenant
4. Environmental Provisions: Specific environmental obligations and certifications, used for properties with environmental sensitivity
5. Shared Facilities: Rules for shared areas or facilities, used when premises include common areas
6. Option to Renew: Terms for extending the sublease, used when parties want to include renewal rights
7. VAT Election: Specific VAT-related provisions, used when parties opt to tax the rental
8. Building Manager Rules: Additional rules imposed by building management, used in multi-tenant buildings
1. Schedule 1 - Floor Plan: Detailed plan showing the subleased area and any common parts
2. Schedule 2 - Head Lease: Copy or relevant excerpts of the head lease
3. Schedule 3 - Inventory: List of any furniture, fixtures, or equipment included in the sublease
4. Schedule 4 - Service Charge Items: Detailed breakdown of service charge components and calculations
5. Schedule 5 - Building Rules: Building regulations and operational rules
6. Schedule 6 - Condition Report: Documentation of premises condition at commencement
7. Schedule 7 - Permitted Alterations: Pre-approved alterations or modifications
8. Appendix A - Landlord's Consent: Copy of head landlord's written consent to the sublease
Authors
Real Estate
Retail
Professional Services
Technology
Manufacturing
Hospitality
Healthcare
Financial Services
Creative Industries
Logistics
Co-working Spaces
Legal
Facilities Management
Real Estate
Operations
Finance
Compliance
Administration
Property Management
Business Development
Risk Management
Facilities Manager
Real Estate Manager
Legal Counsel
Property Manager
Business Operations Director
Chief Financial Officer
Commercial Director
Compliance Officer
Office Manager
Space Planning Manager
Asset Manager
Corporate Real Estate Manager
Business Development Manager
Contract Administrator
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