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Subtenant Lease
"I need a Subtenant Lease agreement for subletting a portion (2000 sq ft) of my commercial office space in Lahore's Business District to a tech company, starting March 2025, with specific provisions for 24/7 access and shared use of conference facilities."
1. Parties: Identification of all parties: Primary Tenant (as Sublessor) and Subtenant (as Sublessee), including full legal names and addresses
2. Background: Context of the sublease, including reference to the primary lease agreement and confirmation of permission to sublease from the original landlord
3. Definitions: Key terms used throughout the agreement, including 'Primary Lease', 'Premises', 'Term', 'Rent', etc.
4. Grant of Sublease: Formal statement of the sublease grant, specifying the portion of premises being subleased
5. Term and Renewal: Duration of the sublease (must not exceed primary lease term) and any renewal options
6. Rent and Security Deposit: Amount, payment schedule, security deposit details, and method of payment
7. Use of Premises: Permitted uses of the property and any restrictions
8. Maintenance and Repairs: Responsibilities for maintaining and repairing the subleased premises
9. Utilities and Services: Responsibility for utilities, services, and related charges
10. Compliance with Primary Lease: Subtenant's obligations to comply with primary lease terms
11. Insurance: Insurance requirements for the subtenant
12. Assignment and Further Subletting: Restrictions on further assignment or subletting
13. Default and Remedies: Events of default and available remedies
14. Termination: Conditions and procedures for termination
15. Governing Law: Specification of Pakistani law and relevant jurisdiction
1. Alterations and Improvements: Include when subtenant is permitted to make changes to the premises
2. Signage Rights: Include when subtenant has rights to install business signage
3. Parking: Include when parking spaces are part of the sublease
4. Common Areas: Include when subtenant has access to building common areas
5. Security Arrangements: Include for commercial properties requiring specific security measures
6. Environmental Compliance: Include for industrial or commercial properties with environmental concerns
7. Right of First Refusal: Include if subtenant is granted right to lease additional space
8. Force Majeure: Include specific provisions for unforeseen circumstances
9. Quiet Enjoyment: Include specific covenant for peaceful possession
1. Schedule A - Property Description: Detailed description of the subleased premises including floor plans
2. Schedule B - Primary Lease: Copy of the primary lease agreement
3. Schedule C - Inventory List: List of furniture, fixtures, and equipment included in the sublease
4. Schedule D - Condition Report: Detailed report of the premises condition at commencement
5. Schedule E - Landlord's Consent: Written consent from the primary landlord for the sublease
6. Schedule F - House Rules: Building rules and regulations applicable to the subtenant
7. Appendix 1 - Payment Schedule: Detailed breakdown of rent, utilities, and other charges
8. Appendix 2 - Maintenance Schedule: Schedule of regular maintenance responsibilities
Authors
Commercial Real Estate
Residential Real Estate
Retail
Office Space
Industrial
Hospitality
Co-working Spaces
Manufacturing
Warehousing
Professional Services
Legal
Real Estate
Facilities Management
Administration
Compliance
Property Management
Operations
Contract Administration
Risk Management
Asset Management
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Leasing Manager
Real Estate Agent
Property Administrator
Contract Manager
Compliance Officer
Business Operations Manager
Administrative Manager
Real Estate Director
Legal Administrator
Tenant Relations Manager
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