The Sublessee acknowledges that this Sublease is governed by the terms of the Lease Agreement between the Sublessor and the Landlord dated (Date) (“Master Lease”). A copy of the Master Lease is attached and considered an integral part of this Agreement. Accordingly, the Sublessee agrees to...
RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook sublease Also found in:Dictionary,Thesaurus,Financial,Encyclopedia,Wikipedia. sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohi...
Put the Agreement in Writing Discuss the Master Lease Agreement 1. Ask Permission from the Landlord Typically, the first step is for tenants to get permission from their landlord to sublease, or at least notify the landlord of their intention to sublease. ...
Subletting occurs when a tenant, who has a lease agreement with a landlord, rents out all or part of their rented property to another person, known as the subtenant. The original tenant, or sublessor, remains responsible for the lease with the landlord, while the subtenant occupies the proper...
Firm fattens up on sublease spaceThe article reports that Alabama-based financial services firm Sterne Agee Group Inc. has signed a 10-year lease agreement for renting 45,000 square feet space in New York City.AGOVIN...
Sample translated sentence: Owing to a clause in the lease agreement, UNOPS was not allowed to sublease more than # per cent of space leased, unless prior consent was obtained from the landlord ↔ 由于租赁协议的一项条款,项目厅对所租赁的办公空间的转租率不得超过 # %,但事先征得业主同意的除外...
Relet the Property –Tenant finds a new tenant and the landlord makes a new agreement with them. In this case, the tenant’s original lease would be canceled. Once the tenant has permission to sublet the premises they may begin the necessary steps to list the property. ...