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1. Parties: Identifies the head tenant (sublessor) and subtenant (sublessee), including full legal names and addresses
2. Background: Explains the context of the sublease, including reference to the head lease and confirmation of head landlord's consent
3. Definitions: Defines key terms used throughout the agreement, including premises, term, rent, and other relevant terminology
4. Grant of Sublease: Formal grant of the sublease, specifying the premises being subleased and any excluded areas
5. Term: Duration of the sublease, including start and end dates, and any renewal options
6. Rent and Outgoings: Details of rent amount, payment frequency, method of payment, and responsibility for outgoings
7. Security Deposit: Amount and terms of security deposit or bond
8. Use of Premises: Permitted use of the premises and any restrictions
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements
10. Insurance: Insurance requirements for both parties
11. Assignment and Further Subletting: Restrictions and conditions on assignment or further subletting
12. Default and Termination: Events of default, consequences, and termination provisions
13. Relationship with Head Lease: Acknowledgment of head lease terms and obligations flowing through to sublease
14. General Provisions: Standard legal provisions including notices, governing law, and dispute resolution
1. Fit-out Works: Include when subtenant will be undertaking initial fit-out works
2. Car Parking: Include when car parking spaces are part of the sublease
3. Building Services: Include for commercial premises with specific service requirements or hours of access
4. Guarantees: Include when personal or corporate guarantees are required
5. Common Areas: Include for premises in multi-tenanted buildings with shared facilities
6. Operating Expenses: Include for commercial subleases with detailed cost-sharing arrangements
7. Environmental Obligations: Include when premises involve specific environmental compliance requirements
8. Retail-Specific Provisions: Include for retail premises with specific trading hours and requirements
1. Schedule 1: Premises Plan: Detailed plan showing the subleased premises and any exclusive or common areas
2. Schedule 2: Head Lease: Copy of the head lease or relevant excerpts
3. Schedule 3: Landlord's Consent: Copy of head landlord's written consent to the sublease
4. Schedule 4: Condition Report: Detailed report on the condition of the premises at commencement
5. Schedule 5: Fit-out Specifications: Details of any approved fit-out works (if applicable)
6. Schedule 6: Operating Expenses: Breakdown of operating expenses and allocation method
7. Schedule 7: Building Rules: Building rules and regulations (if applicable)
8. Appendix A: Guarantee Form: Form of guarantee to be executed by guarantors (if applicable)
Commercial Real Estate
Residential Property
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Coworking Spaces
Manufacturing
Legal
Property Management
Facilities Management
Operations
Real Estate
Compliance
Contract Administration
Asset Management
Property Services
Risk Management
Property Manager
Facilities Manager
Real Estate Agent
Legal Counsel
Commercial Lease Administrator
Operations Manager
Business Owner
Property Developer
Asset Manager
Tenant Relations Manager
Compliance Officer
Contract Administrator
Real Estate Portfolio Manager
Property Services Coordinator
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