STR SpecialistAny notices or communications required or permitted to be given under this Sublease Agreement shall be in writing and shall be delivered by hand, mailed by registered mail, or sent by electronic mail to the addresses specified by both parties.
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Key Elements of a Successful Sublease Agreement: Sublessor vs. Sublessee - STR Specialist
Navigating the realm of subleasing can be tricky, but a well-crafted agreement makes all the difference. Our guide, “Key Elements of a Successful Sublease Agreement: Sublessor vs. Sublessee,” simplifies this complex process by pinpointing the crucial elements that protect both parties involved. With clear terms and transparent conditions, your sublease journey is set for success. Don’t gamble with your property or your peace of mind—invest in our expertly designed Sublease Agreement Template today. Tailored to safeguard both Sublessor and Sublessee, this comprehensive template is the go-to resource for a legally sound, mutually beneficial sublease. From rent collection to maintenance responsibilities, we’ve got you covered. Secure your copy now and streamline your subleasing process! SAMPLE – SUBLEASE AGREEMENT BETWEEN SUBLESSOR AND SUBLESSEE This Agreement is made and entered into on ____________ [Date], between: Sublessor: Name: ___________________________ Address: ___________________________ Phone: ___________________________ Email: ___________________________ AND Sublessee: Name: ___________________________ Address: ___________________________ Phone: ___________________________ Email: ___________________________ Purpose: This Sublease Agreement (“Agreement”) is intended to govern the terms and conditions by which the Sublessor will lease certain residential property to the Sublessee. Both parties agree to abide by the terms set forth herein. Property and Lease Terms Property Address: Address: ___________________________________________________ City: ___________________________ State: ___________________________ Zip: ___________________________ Lease Term: This Sublease Agreement shall begin on ________________ [Start Date] and shall end on ________________ [End Date]. Security Deposit: A security deposit of $_________ is required to secure compliance with this Agreement. Rent: The Sublessee agrees to pay a monthly rent of $__________. Payments should be made on the __________ day of each month. Utilities: The following utilities are included in the monthly rent payment: Electricity Water Gas Internet Other: ___________________ Furnishings: The property is provided: Furnished Unfurnished If furnished, the following items are included: ____________________________________________________ Responsibilities and Obligations Sublessor’s Responsibilities: Maintenance: Sublessor is responsible for the general maintenance and upkeep of the common areas and provided utilities. Repairs: Sublessor shall make necessary repairs within __________ days of receiving written notice from Sublessee. Sublessee’s Responsibilities: Cleaning: Sublessee shall maintain the property in a clean and habitable condition. Repairs: Sublessee shall inform Sublessor of any damage or repairs needed, and shall not undertake any repairs without prior written consent of the Sublessor. Rent: Sublessee agrees to pay rent on time and in the manner specified in the “Rent” section of this Agreement. Utilities: Sublessee is responsible for any utilities not covered in the “Utilities” section of this Agreement. Pets: No pets are allowed on the property. Pets are allowed on the property. A pet deposit of $________ is required. Alterations: Sublessee shall not make any alterations to the property, including but not limited to installing aerials, lighting fixtures, dishwashers, washing machines, dryers, or other items without first obtaining written permission from Sublessor. Inspection: Sublessor reserves the right to enter the property for the purposes of inspection, repair, maintenance, and emergency. Termination and Renewal Termination by Sublessor: Sublessor may terminate this agreement with a written notice at least __________ days prior to the termination date. Grounds for immediate termination may include but are not limited to violation of any part of this agreement, including failure to pay rent or violation of any laws. Termination by Sublessee: Sublessee may terminate this agreement with a written notice at least __________ days prior to the termination date. A termination fee of $__________ will apply if Sublessee terminates the agreement before the term ends, except in the case of military deployment, domestic violence, or other legally protected reasons. Renewal: This Agreement will automatically renew for subsequent periods of the same length as the initial term unless either party provides written notice of termination at least __________ days before the end-date of the current period. Security Deposit Return: The security deposit will be returned within __________ days following the termination of this Agreement, minus any costs for necessary repairs or rent owed. Maintenance and Repairs Sublessee Responsibilities: Sublessee shall, at their own expense, keep and maintain the premises in a clean and sanitary condition. Sublessor Responsibilities: Sublessor shall be responsible for repairs to the property structure, plumbing, electrical, and major appliances, unless damage is due to the negligence or willful misconduct of Sublessee. Notice for Repairs: Sublessee shall provide written notice to Sublessor for any repairs that are needed, allowing __________ days for completion of said repairs. Emergency Repairs: In the event of an emergency that risks the safety of persons or property, Sublessee may arrange for immediate repairs and will notify the Sublessor as soon as reasonably possible. Inspection: Sublessor reserves the right to enter the premises for the purposes of inspection, repair, maintenance, and emergency with a __________ hour notice to Sublessee, except in cases of emergency where no notice is required. Utilities and Amenities Included Utilities: The utilities for the premises are as follows: __________, __________, __________. These utilities are included in the monthly rent and will be paid by the Sublessor. Excluded Utilities: Any utilities not mentioned above are the sole responsibility of the Sublessee and must be paid separately. Amenities: Amenities provided on the property include: __________, __________, __________. Internet and Cable: Internet and cable services are [included/not included] in the rent. If not included, Sublessee is responsible for arranging and paying for these services. Trash and Recycling: Trash and recycling are to be disposed of by the Sublessee in the appropriate bins provided and in compliance with local disposal and recycling regulations. Governing Law and Entire Agreement Governing Law: This Sublease Agreement shall be governed, construed, and interpreted by, through, and under the Laws of the State of ________. Entire Agreement: This Sublease Agreement constitutes the entire agreement between the parties relating to the subject matter herein. Any modifications or amendments must be in writing and signed by both parties. Severability: If any provision of this Sublease Agreement is found to be invalid or unenforceable, the remaining provisions will continue to be valid and enforceable to the fullest extent permitted by law. Conflict with Original Lease: In the event of any conflict between the provisions of this Sublease
