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Sub Lease Tenancy Agreement
"I need a Sub Lease Tenancy Agreement for a commercial office space in Dubai Media City, where I want to sublease 50% of my leased office space to a tech startup for a 12-month period starting March 1, 2025, with monthly rent payments and shared utility costs."
1. Parties: Identification of the head tenant (sub-lessor) and sub-tenant, including full legal names, Emirates ID numbers, and contact details
2. Background: Context of the agreement, including reference to the head lease and confirmation of permission to sublease
3. Definitions: Key terms used throughout the agreement, including Property, Term, Head Lease, Rent, etc.
4. Demise: Specific details of the property being subleased and the grant of rights to the sub-tenant
5. Term: Duration of the sublease, including start and end dates, ensuring it doesn't exceed the head lease period
6. Rent and Payment Terms: Rent amount, payment schedule, security deposit, and method of payment
7. Service Charges and Utilities: Responsibility for utility payments, maintenance fees, and service charges
8. Use of Property: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities for maintaining and repairing the property
10. Sub-tenant's Obligations: Key obligations and responsibilities of the sub-tenant
11. Sub-lessor's Obligations: Key obligations and responsibilities of the sub-lessor
12. Insurance: Required insurance coverage and responsibilities
13. Termination: Circumstances and procedures for early termination
14. Governing Law and Jurisdiction: Confirmation of UAE law application and relevant jurisdiction
1. Fit-out Works: Details of any permitted modifications or improvements to the property, relevant for commercial properties
2. Property Management Rules: Specific rules applicable in managed communities or buildings
3. Guarantees: Details of any additional guarantees required from the sub-tenant
4. Assignment and Further Subletting: Provisions regarding the ability to assign or further sublet, if permitted
5. Break Clause: Optional early termination rights for either party
6. Parking: Specific provisions for parking spaces if included in the sublease
7. Common Areas: Rights and obligations regarding common areas in multi-unit properties
1. Schedule 1 - Property Description: Detailed description of the property including floor plans and boundaries
2. Schedule 2 - Inventory: List of furniture, fixtures, and equipment included in the sublease
3. Schedule 3 - Head Lease Terms: Relevant terms from the head lease that affect the sublease
4. Schedule 4 - Service Charges: Breakdown of service charges and payment responsibilities
5. Schedule 5 - Property Rules: Building or community rules and regulations
6. Appendix A - Copy of Head Landlord's Consent: Written consent from the head landlord permitting the sublease
7. Appendix B - Condition Report: Detailed report on the condition of the property at the start of the sublease
Authors
Real Estate
Commercial Property
Residential Property
Retail
Hospitality
Office Space
Industrial
Mixed-Use Development
Shared Workspace
Corporate Housing
Legal
Real Estate
Facilities Management
Operations
Compliance
Risk Management
Administration
Property Management
Asset Management
Corporate Services
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Contract Administrator
Compliance Officer
Operations Manager
Business Development Manager
Asset Manager
Leasing Manager
Corporate Real Estate Manager
Tenant Relations Manager
Risk Manager
Commercial Director
Administrative Manager
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