Non-residential sublease agreement

When you lease sublease your non-residential premises (for example, office, warehouse, workshop, etc.) , you must enter into a sublease agreement non-residential premises.

Sublease is the transfer of leased real estate (property) for rent to a third party. According to the sublease agreement, the lessee with the consent of the lessor for a certain period of time transfers part or all of the premises he rents for use to the subtenant.

With sublease, two lease agreements are concluded:

 
1. The main lease agreement with the right to sublease (for re-lease);

 

2. Sublease agreement between the previous and the new tenant.

Parties to the contract are referred to as:

 
• Owner - “Landlord” (appears in the main contract)

 

• The tenant in the main contract appears as - "Tenant", in the sublease agreement as - "Sub-renter"

 

• "Subtenant" appears in the Sub-Tenant Agreement.

Sublease and lease: a sublease cannot exist without a primary lease:

 
• The term of the sublease agreement may not exceed the term of the main lease of real estate.

 

• In case of early termination of the rental agreement, the sublease agreement is terminated simultaneously with it.

 

• The fate of the sublease agreement depends not only on the sublease owner, but also on the owner of the property. With the signing of the sublease agreement, the tenant becomes a secondary lessor, but he is still a full participant in the primary lease. Since the sublease agreement is not the main one, its legal fate depends on the main agreement.