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Sub Lease Tenancy Agreement
"I need a Sub Lease Tenancy Agreement for a commercial office space in Lahore, where I'm sub-letting 2000 square feet to a tech company for 2 years starting March 1, 2025, with quarterly rent reviews and specific provisions for shared IT infrastructure."
1. Parties: Identification of the Head Tenant (Sub-Lessor) and Sub-Tenant with complete details including CNIC numbers
2. Background: Context of the sub-lease, including reference to the master lease and head landlord's consent
3. Definitions: Definitions of key terms used throughout the agreement
4. Demised Premises: Detailed description of the sub-let property and its boundaries
5. Term and Commencement: Duration of the sub-lease and start date
6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment
7. Security Deposit: Amount, terms of holding, and conditions for refund
8. Utilities and Maintenance: Responsibility for utility payments and property maintenance
9. Use of Premises: Permitted use of the property and any restrictions
10. Sub-Tenant's Obligations: List of all responsibilities and obligations of the sub-tenant
11. Sub-Lessor's Obligations: List of all responsibilities and obligations of the sub-lessor
12. Termination: Conditions and process for early termination
13. Notices: Process and addresses for serving notices
14. Governing Law: Specification of Pakistani law and relevant jurisdiction
1. Shared Facilities: Details of any shared areas and their usage rules, include when property has common areas
2. Alterations and Improvements: Terms for making changes to the property, include when improvements are anticipated
3. Insurance: Insurance requirements for both parties, include when specific insurance coverage is required
4. Assignment and Further Sub-letting: Rights and restrictions regarding further sub-letting, include when relevant
5. Break Clause: Terms for early termination options, include when flexibility is needed
6. Guarantor Provisions: Details of guarantor obligations, include when a guarantor is required
7. Pet Clause: Rules regarding keeping pets, include when pets are allowed or specifically prohibited
8. Force Majeure: Provisions for unforeseen circumstances, include when extra protection is needed
1. Schedule 1 - Property Inventory: Detailed list of fixtures, fittings, and contents included in the sub-lease
2. Schedule 2 - Property Condition Report: Detailed description of the property condition at the start of the sub-lease
3. Schedule 3 - Head Landlord's Consent: Copy of written consent from the head landlord for the sub-lease
4. Schedule 4 - House Rules: Specific rules and regulations for the property or building
5. Schedule 5 - Utility Reading Records: Initial meter readings for utilities at the start of the tenancy
6. Appendix A - Master Lease Terms: Relevant terms from the master lease that affect the sub-tenant
7. Appendix B - Payment Schedule: Detailed breakdown of all payments including rent, maintenance charges, and utilities
Authors
Real Estate
Residential Property
Commercial Property
Retail
Hospitality
Office Space
Industrial
Education
Healthcare
Professional Services
Legal
Real Estate
Facilities Management
Operations
Property Administration
Compliance
Contract Administration
Asset Management
Business Development
Tenant Relations
Property Manager
Real Estate Agent
Legal Counsel
Facilities Manager
Property Administrator
Compliance Officer
Lease Administrator
Real Estate Manager
Housing Officer
Asset Manager
Operations Manager
Contract Manager
Property Lawyer
Business Development Manager
Tenant Relations Manager
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