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Tenancy Agreement Allowing Subletting Template for India

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Key Requirements PROMPT example:

Tenancy Agreement Allowing Subletting

"I need a Tenancy Agreement Allowing Subletting for our tech company's new office space in Bangalore, starting March 2025, with the ability to sublet up to 40% of the space to partner companies and clear provisions for shared common areas and internet infrastructure."

Document background
The Tenancy Agreement Allowing Subletting is a specialized lease document designed for use in the Indian property market where flexibility in occupancy arrangements is required. This agreement is particularly valuable when tenants may need to sublet their space, such as in commercial properties, student housing, or long-term residential leases. It addresses the complex requirements of Indian property law while providing clear frameworks for both the primary lease and subsequent subletting arrangements. The document incorporates state-specific requirements, registration procedures, and stamp duty considerations, while ensuring compliance with the Transfer of Property Act and relevant Rent Control Acts. It's especially relevant in urban centers where property sharing and flexible occupancy arrangements are becoming increasingly common, and where both landlords and tenants seek formal documentation of subletting rights.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant with complete details including names, addresses, and contact information

2. Background: Context of the agreement and brief description of the premises and intended use

3. Definitions: Definitions of key terms used throughout the agreement including 'Premises', 'Term', 'Rent', 'Security Deposit', 'Subletting', and 'Sublessee'

4. Demise: Formal grant of the lease, specifying the premises being let

5. Term and Renewal: Duration of the lease and conditions for renewal

6. Rent and Payment Terms: Rent amount, payment schedule, payment method, and review mechanisms

7. Security Deposit: Amount, payment terms, conditions for refund, and deductions

8. Subletting Rights and Conditions: Specific rights and procedures for subletting, including landlord's consent requirements

9. Maintenance and Repairs: Responsibilities of landlord and tenant regarding property maintenance

10. Utilities and Outgoings: Responsibility for utility payments and other charges

11. Use of Premises: Permitted use of the property and restrictions

12. Insurance: Insurance requirements for both parties

13. Termination: Grounds and procedure for termination by either party

14. Return of Premises: Conditions for returning the property at lease end

15. Governing Law: Specification of Indian law as governing law and jurisdiction

16. Dispute Resolution: Process for resolving disputes between parties

Optional Sections

1. Break Clause: Early termination options - include when parties want flexibility to end lease early

2. Fit-out Works: Provisions for modifications to premises - relevant for commercial properties or when significant modifications are planned

3. Green Lease Provisions: Environmental and sustainability obligations - include for environmentally conscious parties or green buildings

4. Property Management: Building management rules - relevant for properties in managed complexes

5. Assignment Rights: Right to transfer the entire lease - include when assignment might be needed alongside subletting

6. Force Majeure: Provisions for unexpected events - particularly relevant post-COVID or in areas prone to disruptions

7. Guarantor Provisions: Terms for guarantee of tenant obligations - include when tenant's financial standing requires additional security

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of premises including floor plans and boundaries

2. Schedule 2 - Inventory: List of fixtures, fittings, and furnishings included in the lease

3. Schedule 3 - Rent Schedule: Detailed breakdown of rent payments and review dates

4. Schedule 4 - Service Charges: Breakdown of service charges and calculation method

5. Schedule 5 - Subletting Requirements: Detailed procedures and requirements for subletting approval

6. Schedule 6 - Maintenance Schedule: Detailed breakdown of maintenance responsibilities

7. Appendix A - Property Photos: Photographic evidence of property condition at start of lease

8. Appendix B - Required Forms: Standard forms for subletting applications and notices

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Real Estate

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Relevant Teams

Legal

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Relevant Roles

Real Estate Manager

Property Manager

Facilities Manager

Legal Counsel

Corporate Housing Manager

Leasing Manager

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Real Estate Director

Compliance Officer

Risk Manager

Operations Manager

Student Housing Coordinator

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Industries






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Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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