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Master Tenant Subtenant Agreement
"I need a Master Tenant Subtenant Agreement for a commercial office space in Amsterdam, where we will be subletting three floors to a tech company starting March 2025, with specific provisions for shared facilities and building management services."
1. Parties: Identification of all parties: Master Tenant, Subtenant, and reference to Superior Landlord
2. Background: Context of the agreement, including reference to the master lease and basis for subletting
3. Definitions: Definitions of key terms used throughout the agreement
4. Grant of Sublease: Formal grant of the sublease, specifying the premises and any excluded/included areas
5. Term and Commencement: Duration of sublease, start date, and relationship to master lease term
6. Rent and Other Payments: Rent amount, payment terms, service charges, utilities, and other financial obligations
7. Deposit and Security: Details of security deposit or bank guarantee requirements
8. Use of Premises: Permitted use of the property and any restrictions
9. Master Tenant Obligations: Responsibilities and obligations of the master tenant
10. Subtenant Obligations: Responsibilities and obligations of the subtenant
11. Maintenance and Repairs: Allocation of maintenance and repair responsibilities
12. Insurance: Required insurance coverage for both parties
13. Assignment and Further Subletting: Restrictions on assignment and further subletting
14. Default and Remedies: Consequences of breach and available remedies
15. Termination: Grounds for termination and termination procedures
16. Notices: Communication procedures and contact details
17. Governing Law: Confirmation of Dutch law application and jurisdiction
1. Superior Landlord Consent: Required when superior landlord's explicit consent needs to be documented
2. Furniture and Fittings: Used when the property is let furnished or partially furnished
3. Parking: Include when parking spaces are part of the sublease
4. Shared Facilities: Required when the property includes shared amenities or common areas
5. Break Clause: Optional early termination provisions if agreed between parties
6. Alterations and Improvements: Include when specific arrangements for property modifications are needed
7. Green Clause: Sustainability and energy efficiency obligations, if applicable
8. Covid-19 or Force Majeure: Special provisions for pandemics or other force majeure events
1. Schedule 1 - Property Description: Detailed description of the subleased premises including floor plans
2. Schedule 2 - Inventory: List of furniture, fixtures, and fittings if property is furnished
3. Schedule 3 - Service Charges: Breakdown of service charges and calculation method
4. Schedule 4 - House Rules: Building or complex rules and regulations
5. Schedule 5 - Condition Report: Initial condition of the property with photographs
6. Schedule 6 - Master Lease Terms: Relevant terms from the master lease that affect the sublease
7. Appendix A - Superior Landlord's Consent: Written consent from the superior landlord
8. Appendix B - Energy Performance Certificate: Required energy performance documentation
Authors
Real Estate
Commercial Property
Residential Property
Shared Office Space
Co-working
Retail
Hospitality
Student Housing
Corporate Real Estate
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Compliance
Administration
Contract Management
Risk Management
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Corporate Real Estate Manager
Leasing Manager
Property Administrator
Asset Manager
Building Manager
Operations Manager
Contract Manager
Compliance Officer
Real Estate Attorney
Housing Coordinator
Tenant Relations Manager
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