The sublease agreement template is the kind of documentation used by a tenant who can be referred to as the original tenant leasing the premises to a new tenant who then moves into all or part of the originally rented space. It is important to note that in a sublease agreement, the new tenant referred to as the sub tenant will have the same terms and conditions of the original lease. However, the original tenant will be responsible for the rent payment as well as held liable for any breach of agreement from the original sublease agreement.
There are many situations that can call for the use of a sublease agreement template. Let us take a look at such scenarios. A situation where you got a job in another city but you have fully paid for your apartment in your current city and you do not want it go to waste, you can use the sublease agreement option to get a sub tenant.
To fill the template, you will require the following information The address as well as a total description of the space to be leased The full name as well as the address of the original tenant The original sublease contract including the date and signature of the landlord The full name and address of the new tenant/sub tenant that is taking over full or part of the space The rent amount to be paid by the sub tenant and when the lease will begin and end.