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the sublease rental agreement what is a sublease agreement a sublease agreement is a document where the tenant and a person wanting to rent the same premises agree to establish their relations in a written form the parties are called sublesser and sublessi a sublease agreement does not cancel the original lease why would you need to write a sublease agreement most often such an agreement takes place when the original tenant has remaining months of rent but has actually vacated the premises or is going to do so having the landlords consent as a result if the tenant finds a third party who would want to rent the premises they will be acting as a middle party who takes money from the sublessi and gives them to the landlord the initial lease is called the master lease generally the sub-lease cannot last longer than the master lease but with the landlords consent sublease relations can go further than the end date in the master lease how to sublet the premises in a standard lease you as