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Real Estate Sublease

by devteam June 3rd, 2009 | Share

THIS SUBLEASE is entered into this day of , 20 , by and between whose address is , (hereinafter referred to as “Lessor”) and , whose address is , (hereinafter referred to as “Lessee”).

The Lessor hereby lets to the Lessee and Lessee accepts from the Lessor the following described premises: , to be used only for a for the term commencing and expiring at the monthly rent as provided in Paragraph 19 hereinafter.

1. Payment of rent. Lessee shall pay the rent as hereinafter set forth to , at the following address: .

2. Repairs. Lessee shall, at Lessee’s expense, keep the premises in good repair, ordinary wear and tear, repairs to the roof, exterior of the building, and structural repairs excepted, unless such repairs are made necessary by the act or negligence of the Lessee, and at the expiration of the term, remove its goods and effects and peaceably yield up the premises to the Lessor in as good condition as when delivered to Lessee, ordinary wear and tear, damage by fire, the elements, act of public enemy, or casualty excepted. All notices to quit or vacate are hereby expressly waived, any law, usage or custom to the contrary notwithstanding.

3. Compliance with regulations. Lessee shall comply promptly with all laws, ordinances, requirements, and regulations of any federal, state, county, municipal or other governmental authority, fire insurance underwriters, or any and all other insurance organizations or associations insuring the property, except that Lessee shall not be required to make any alterations to the exterior of the building, or alterations of a structural nature.

4. Viewing premises. Lessee shall use the premises exclusively for the purpose set forth herein and during the last three months of this lease, to permit the Lessor to display
the usual “For Rent” signs and to show the premises to prospective tenants. The
Lessee further agrees that at any time during the term hereof, the Lessor, Lessor’s

About the Author

devteam

Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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