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RESIDENTIAL SUBLEASE AGREEMENT
THIS SUBLEASE AGREEMENT dated this ________ day of ________________, ________
BETWEEN:
________________________
(the "Sublandlord")
OF THE FIRST PART
- AND-
(the "Subtenant")
OF THE SECOND PART
IN CONSIDERATION OF the Sublandlord subletting and the Subtenant renting the Subleased Premises, both parties agree to keep, perform and fulfill the promises, conditions and agreements below:
IN WITNESS WHEREOF the Sublandlord and the Subtenant have duly affixed their signatures under hand and seal on this ________ day of ________________, ________.
_____________________________Witness
_____________________________Sublandlord
_____________________________Subtenant
Consent of Landlord to Sublease Agreement
The undersigned, the landlord in the Master Lease of June 30, 2022, hereby consents in writing to the foregoing Sublease Agreement. The Landlord will provide both the Sublandlord and the Subtenant with notice of any breach by the Subtenant under the Master Lease.
Dated: _____ day of__________________, 20____
_____________________________Landlord
A Residential Sublease Agreement is also known as a:
A sublease contract allows the original tenant of a rental property (known as the sublandlord) to rent out a portion or all of the property to another tenant (known as the subtenant) for a certain period of time.
The sublease cannot exceed the length of time that the original tenant agreed to rent the property for, as indicated in the master lease (also known as the original lease).
A sublease often occurs when a tenant needs to relocate temporarily during their lease term, and finds a third party to take over rent payments while they're away.
A sublease does not invalidate the terms of the original lease. The original tenant retains their obligations to the landlord, in addition to being liable for damages or lease violations by the subtenant.
Both the subtenant and sublandlord should sign the sublease and keep a copy for their records. In addition, the sublandlord should either attach a copy of the master lease to the Sublease Agreement or deliver it directly to the subtenant.
The parties in a Residential Sublease Agreement are:
As long as you have permission from the landlord, you can sublet any type of residential property, such as a house, condo, or apartment. However, a tenant can also sublet a portion of the premises to a subtenant, such as a:
A sublease contains details about the rental arrangement between the sublandlord and subtenant, including whether:
It's important to have a written contract in place to outline the terms of the sublease. A formal agreement clarifies the obligations of all three parties during the sublease term, and can prevent future misunderstandings over payment details, maintenance duties, and liability for damages.
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