District of Columbia Equipment Sublease of Key Holder Agreement

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US-00006BG-I
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When a Lessee leases out the whole or part of the leased premises to a third person it is called a sublease. Even if a proper sublease exists, the primary lessee will be responsible for payment of all charges to the primary lessor and the primary lessee will be responsible for any damage caused by the sub lessee. This Equipment Sublease, which is a part of the Keyholder Agreement, is an agreement by which equipment is subleased. In the agreement, the equipment is subleased along with a sublicense to use the network and software necessary for the use of the equipment. Key Holder service is generally a password based database application. Such services often provide local authorities with emergency contact and keyholder information.

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FAQ

Triple Net Lease: The triple net lease encompasses property taxes, insurance, and common area maintenance, with the tenant paying for some or all of the cost of these three things on top of their base rent. It is one of the most common lease types.

A sublease consent form allows a current tenant under a lease to document a landlord's approval of subletting the property the tenant is renting to a subtenant.

A landlord relets a property by having a new tenant sign an entirely new lease. This is also known as assignment of the lease to a new party. Re-letting the property voids the original lease, and releases the original tenant from any continuing obligations.

The three main types of leasing are finance leasing, operating leasing and contract hire.Finance leasing.Operating leasing.Contract hire.

A "relet" means a new tenant is responsible for a unit and pays the landlord. A "sublease" or "sublet" means someone else pays the rent, but the original tenant is still responsible for the rent and damages to the unit.

: to lease or rent all or part of a leased or rented property. sublet. noun.

The three most common types of leases are gross leases, net leases, and modified gross leases.The Gross Lease. The gross lease tends to favor the tenant.The Net Lease. The net lease, however, tends to favor the landlord.The Modified Gross Lease.

Subleasing occurs when the tenant transfers a part of their legal tenancy to a third party as a new tenant. Subleasing can be established unless the original lease forbids it. However, in most cases, the owner must be notified and must approve any subletting arrangement created by the tenant.

Sublessee definition The definition of a sublessee is the person who holds a lease which was given to another person for all or part of a property. An example of a sublessee is the person who has a lease for a car that is already being leased by another party.

Sublandlord definition Filters. One who is let a residence by a landlord and subsequently sublets it to another tenant.

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District of Columbia Equipment Sublease of Key Holder Agreement