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Sub-Lessee means any person, firm, corporation or other legal entity using or occupying or entitled to use or occupy any part of the Premises or the Leasehold Improvements under a Sublease.

A sublease is the re-renting of property by an existing tenant to a new third party for a portion of the tenant's existing lease contract. The sublease agreement may also be called a sublet.

Sublessor: The original tenant who sublets the property to the sublessee. Sublessee: The party who rents the property from the sublessor. Rent and Security Deposit: The amount of rent and security deposit that the sublessee is required to pay to the sublessor.

Sublessor agrees that if the premises and contents thereof are returned to him/her in the same condition as when received by the subtenant, reasonable wear and tear thereof excepted, (s)he will refund to the subtenant $________ at the end of the term, or within 30 days thereafter.

What is a sublease agreement? Subleasing (or subletting) is when a rental property or portion of a rental property is rented to another tenant for a short-term stay. If you want to sublease your room or rental unit, you need a sublease contract, which is a written agreement that acts as a lease within a lease.

Example of a Sublease For example, if a tenant is renting an apartment in Chicago with a 12-month lease and, during month four, that tenant receives a job offer in Boston, the tenant may decide to sublease the apartment to another tenant for the remaining eight months.

Where do I begin? Check with your landlord or apartment manager. Review your lease to see if you are able to sublease. ... Complete a sublease application. It's important to document the agreement you have with the person subleasing your apartment. ... Negotiate a price. ... Take pictures and move out.

A sublessor is an original tenant, while the secondary tenant is the subtenant. As long as the original tenant has their lease with the landlord, they can lease out all or part of the space to the new subtenant. The subtenant pays rent to the original tenant under these arrangements.

Subletting all of your home is only possible if your tenancy is still within the contractual period. However, you should get your landlord's consent. This is because it is possible for your landlord to apply to court to evict you if you sublet the whole property without their consent.

A sublease is a lease by the lessee of an estate to a third person, conveying all or part of the estate for a shorter term than that for which the lessee holds originally. A sublease is a new contract between the lessee and the sublessee. The original lessee turns into a sublessor in this new contract.