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Extract Data Residential Sublease Agreement

Extract Data Residential Sublease Agreement

Aug 6th, 2022

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How to Extract Data Residential Sublease Agreement

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In a sublease, the tenant transfers part of their leasehold estate to a subtenant for a term shorter than the original lease. This typically occurs when a tenant wants to vacate before the lease ends, with the landlord's consent, allowing them to rent the space to someone else while continuing to pay the landlord. The subtenant does not have a direct contract with the landlord and must rely on the original tenant to enforce the landlord's obligations. Consequently, the original tenant remains fully responsible for any issues, such as damage or non-payment of rent, incurred by the subtenant. Understanding when to use a sublease agreement is crucial for both tenants and landlords.

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