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Sublease Contract
"I need a Sublease Contract for my Dublin city center retail space, which I want to sublease to a fashion boutique starting March 1, 2025, with specific provisions for shop fitting and shared storage space in the basement."
1. Parties: Identification of the sublandlord (original tenant) and subtenant, including full legal names and addresses
2. Background: Context of the sublease, including reference to the head lease and confirmation of permission to sublease
3. Definitions: Defined terms used throughout the agreement, including Property, Term, Head Lease, Rent, etc.
4. Demise: The formal grant of the sublease, specifying the property being subleased
5. Term: Duration of the sublease, including start and end dates, ensuring it ends before the head lease
6. Rent and Payment Terms: Amount of rent, payment dates, method of payment, and rent review provisions
7. Service Charges: Details of any service charges or additional costs payable by the subtenant
8. Deposit: Amount of security deposit, terms for holding and returning it
9. Subtenant Covenants: Obligations of the subtenant, including maintenance, repairs, permitted use, etc.
10. Sublandlord Covenants: Obligations of the sublandlord, including quiet enjoyment and head lease compliance
11. Insurance: Insurance requirements for both parties
12. Assignment and Further Subletting: Restrictions on assignment or further subletting of the property
13. Termination: Circumstances under which the sublease can be terminated and the process
14. Notices: How and where formal notices should be served between parties
15. Governing Law: Confirmation that the agreement is governed by Irish law
1. Break Clause: Optional provision allowing early termination under specific circumstances
2. Fit-Out Works: For commercial properties where subtenant will undertake initial modifications
3. Service Level Agreement: For commercial properties where specific services are provided
4. Green Lease Provisions: Environmental and sustainability obligations, increasingly common in commercial subleases
5. Guarantor Provisions: Where a guarantor is required to guarantee the subtenant's obligations
6. Options to Renew: If the sublease includes an option to extend, subject to head lease
7. Utilities and Communications: Detailed provisions about responsibility for utilities if not covered in main sections
8. Pandemic/Force Majeure Clause: Specific provisions dealing with extraordinary circumstances
9. Furniture and Fittings: For furnished residential properties, listing included items
1. Schedule 1 - Property Description: Detailed description of the subleased property, including plans and boundaries
2. Schedule 2 - Head Lease: Copy or relevant extracts of the head lease
3. Schedule 3 - Rent Payment Schedule: Detailed breakdown of rent payments and review dates
4. Schedule 4 - Service Charge Items: Detailed list of service charge components and calculations
5. Schedule 5 - Condition Report: Initial condition of the property with photographs
6. Schedule 6 - Permitted Use: Detailed description of how the property may be used
7. Appendix A - Floor Plans: Detailed floor plans of the subleased property
8. Appendix B - Inventory: For furnished properties, detailed inventory of included items
9. Appendix C - Building Rules: Any specific rules applicable to the building or development
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Hospitality
Office Space
Industrial
Manufacturing
Professional Services
Education
Healthcare
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Compliance
Administration
Business Development
Risk Management
Property Manager
Real Estate Agent
Facilities Manager
Legal Counsel
Property Lawyer
Tenant Relations Manager
Asset Manager
Commercial Director
Operations Manager
Leasing Manager
Property Administrator
Compliance Officer
Real Estate Portfolio Manager
Business Development Manager
Housing Officer
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