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Sublessor Sublessee Agreement
"I need a Sublessor Sublessee Agreement for a commercial office space in Dubai Media City, where my company will sublease two floors (total 1,500 sq m) to a tech startup for 2 years starting March 1, 2025, with the condition that they cannot make structural changes to the space."
1. Parties: Identification of the Sublessor and Sublessee, including full legal names, addresses, and registration details if companies
2. Background: Context of the sublease arrangement, reference to the master lease, and confirmation of primary landlord's consent
3. Definitions: Definitions of key terms used throughout the agreement, including Property, Term, Master Lease, Rent, etc.
4. Grant of Sublease: Formal grant of the sublease, specifying the property and permitted use
5. Term and Renewal: Duration of the sublease, commencement date, expiry date, and any renewal options
6. Rent and Payment Terms: Rent amount, payment schedule, security deposit, and other financial obligations
7. Obligations of the Sublessor: Sublessor's duties, including maintaining the master lease and providing quiet enjoyment
8. Obligations of the Sublessee: Sublessee's responsibilities, including compliance with master lease terms and property maintenance
9. Utilities and Services: Responsibility for utilities, service charges, and maintenance costs
10. Insurance and Liability: Insurance requirements and allocation of risks between parties
11. Default and Remedies: Events of default and available remedies for both parties
12. Termination: Grounds for termination and the process for ending the sublease
13. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes
14. Notices: Process and requirements for formal communications between parties
1. Fit-out Works: Include when sublessee is permitted to make alterations or improvements to the property
2. Assignment and Further Subletting: Include when parties want to specifically address the possibility of further transfers
3. Break Clause: Include when early termination options are being granted to either party
4. Service Level Agreement: Include for commercial properties where specific service standards need to be maintained
5. Change in Control: Include when dealing with corporate sublessees to address ownership changes
6. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
7. Environmental Compliance: Include for industrial or commercial properties with specific environmental requirements
8. Parking and Common Areas: Include when the sublease includes rights to specific common facilities
1. Schedule 1 - Property Description: Detailed description of the subleased property, including floor plans and measurements
2. Schedule 2 - Master Lease: Copy or relevant excerpts of the master lease agreement
3. Schedule 3 - Rent and Payment Schedule: Detailed breakdown of rent, security deposit, and other financial terms
4. Schedule 4 - Condition Report: Documentation of property condition at commencement of sublease
5. Schedule 5 - Permitted Use: Detailed description of allowed activities and use restrictions
6. Schedule 6 - Service Charges: Breakdown of service charges and allocation of costs
7. Appendix A - Landlord's Consent: Written consent from the primary landlord for the sublease
8. Appendix B - Handover Protocol: Procedures and checklist for property handover
9. Appendix C - House Rules: Building rules and regulations applicable to the property
Authors
Real Estate
Commercial Property
Residential Property
Retail
Hospitality
Office Space Management
Industrial
Coworking Spaces
Shared Economy
Professional Services
Legal
Real Estate
Facilities Management
Operations
Administration
Compliance
Property Management
Asset Management
Business Development
Finance
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Corporate Lawyer
Real Estate Agent
Leasing Manager
Operations Manager
Commercial Director
Asset Manager
Property Administrator
Compliance Officer
Real Estate Director
Business Development Manager
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