{"componentChunkName":"component---src-templates-blog-post-ts","path":"/overview-of-commercial-sublease/","result":{"data":{"site":{"siteMetadata":{"title":"Clausehound Blog","author":"Joshua Koudys"}},"markdownRemark":{"id":"a739623a-051e-5936-a153-e27c807d672d","excerpt":"What is this document? The Commercial Sublease is an agreement between a tenant (who is leasing the commercial property) and the person who wishes to sublet the…","html":"<h3>What is this document?</h3>\n<p>The <strong>Commercial Sublease</strong> is an agreement between a tenant (who is leasing the commercial property) and the person who wishes to sublet the property from the original tenant.</p>\n<h3>When would I use this document?</h3>\n<p>This document would be used when the tenant of a commercial property wishes to sublease the property to another person. It would <em>not be used</em> for a residential property.</p>\n<h3>Who signs this document?</h3>\n<p>The original tenant (now the <strong>sub-landlord</strong>), the new tenant (called the <strong>sub-tenant</strong>) and the <strong>original landlord</strong> all sign the document.</p>\n<h3>More details about this document</h3>\n<p>The purpose of this document is permit the tenant to <em>sub-let</em> the commercial property with the landlord’s consent in such a way that the new tenant (sub-tenant) is bound by the terms of the original lease (the <strong>master lease</strong>). The document is structured to protect both the landlord and the sub-landlord.</p>\n<p>The sublease will allocate responsibility for repairs, insurance, utilities etc. between the sub-landlord (the original tenant) and the sub-tenant. The sub-lease will also contain clauses dealing with damage deposits, alterations and improvements, expenses, and liabilities of the sub-tenant and the sub-landlord. The original landlord will continue to have all the rights and protections contained in the master lease.</p>\n<h3>What are the core elements of this document?</h3>\n<p>The core elements include identification of the Parties, Rent, Utilities, Repairs, Maintenance, Insurance, Liabilities, Damages, Remedies and Termination.The document could also contain clauses dealing with Multiple Sub-tenants, and Expenses.</p>\n<h3>Related Documents</h3>\n<ul>\n<li><strong>Sublease</strong> - an agreement between a tenant, a subtenant and for commercial leases, the landlord, subletting the leased premises to a subtenant. The original tenant is responsible to the landlord and the subtenant is responsible to the original tenant for the performance of the lease.</li>\n<li><strong>Offer to Lease</strong> - an offer to lease a property between landlord and potential tenant, usually used for commercial leases. This will outline the material points of the lease. </li>\n<li><strong>Consent to Assignment of Lease and Amendment to Lease</strong> - an agreement requiring consent from the landlord to assign the lease to a different tenant, and to amend the lease accordingly.</li>\n</ul>","frontmatter":{"title":"Overview of Commercial Sublease","date":"March 30, 2017","description":"The Commercial Sublease is an agreement between a tenant (who is leasing the commercial property) and the person who wishes to sublet the property from the original tenant.","author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal","bio":"Rajah Lehal is Founder and CEO of Clausehound.com.  Rajah is a legal technologist and technology lawyer who is, together with the Clausehound team, capturing and sharing lawyer expertise, building deal negotiation libraries, teaching negotiation in classrooms, and automating negotiation with software.","image":{"childImageSharp":{"fluid":{"base64":"data:image/jpeg;base64,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","aspectRatio":1,"src":"/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg","srcSet":"/static/d7bbad08c257f3987a4a5710553e9e17/2b9ee/Rajah.jpg 80w,\n/static/d7bbad08c257f3987a4a5710553e9e17/e5d64/Rajah.jpg 160w,\n/static/d7bbad08c257f3987a4a5710553e9e17/bdd4d/Rajah.jpg 320w,\n/static/d7bbad08c257f3987a4a5710553e9e17/6e63d/Rajah.jpg 400w","sizes":"(max-width: 320px) 100vw, 320px"}}}},"tags":["Rajah","Contract Overviews","Commercial Sublease Agreement"]}}},"pageContext":{"slug":"/overview-of-commercial-sublease/","previous":{"fields":{"slug":"/overview-of-offer-to-lease/"},"frontmatter":{"title":"Overview of Offer to Lease","tags":["Rajah","Contract Overviews","Offer to Lease"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}},"next":{"fields":{"slug":"/overview-of-subscription-agreement/"},"frontmatter":{"title":"Overview of Subscription Agreement","tags":["Subscription Agreement","Contract Overviews","Share Subscription Agreement"],"author":{"id":"rajah@cobaltcounsel.com","first":"Rajah","last":"Lehal"}}}}}}