Amendment To Lease Agreement With Sublease Clause
Description
How to fill out Kentucky Amendment To Lease Or Rental Agreement?
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FAQ
A lease is a legally binding agreement between a tenant and landlord, therefore it cannot be altered without both parties' consent.
A Lease Amendment is used to modify an existing Lease Agreement between a tenant and landlord by adding or removing clauses, or changing existing clauses. An amendment allows the parties to change the terms without having to sign a new Lease Agreement.
While sub-letting itself is not illegal in India, it may require a lot of care for both the tenant who is sub-leasing, as well as for the company that is taking the premises on sub-lease.
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Sub leasing with the consent of the Landlord is legal in India. If the agreement allows the tenant to sublease it, the tenant can sub lease portion of property to third party.
