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Type Sublet Agreement Template

Type Sublet Agreement Template

Aug 6th, 2022

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How to Type Sublet Agreement Template

4.6 out of 5

9 votes

A sublease agreement is a document that formalizes the relationship between an original tenant (sublessor) and a person wishing to rent the same premises (sublessee). It does not terminate the original lease. Such agreements often arise when the original tenant has remaining rent months but vacates or plans to do so with the landlord's consent. The tenant can then find a third party to rent the premises, acting as an intermediary who collects rent from the sublessee and pays the landlord. The original lease is termed the master lease, and typically, a sublease cannot extend beyond the master lease, unless the landlord permits it.

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