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Sublessor Sublessee Agreement
"I need a Sublessor Sublessee Agreement for subletting my commercial office space in Auckland CBD to a tech startup company, with specific provisions for fit-out modifications and shared meeting room facilities, commencing March 1, 2025."
1. Parties: Identifies and provides full legal details of the Sublessor and Sublessee, including their legal names, addresses, and company registration numbers if applicable
2. Background: Explains the context of the sublease, including reference to the head lease and confirmation of the Sublessor's authority to sublease
3. Definitions: Defines key terms used throughout the agreement to ensure clear interpretation
4. Grant of Sublease: Specifies the premises being subleased and the term of the sublease
5. Rent and Outgoings: Details the rent amount, payment frequency, method of payment, and responsibility for outgoings
6. Security Deposit: Specifies the amount, terms, and conditions of the security deposit
7. Use of Premises: Defines permitted use of the premises and any restrictions
8. Maintenance and Repairs: Outlines responsibilities for maintenance, repairs, and improvements
9. Insurance: Specifies required insurance coverage and responsibilities
10. Default and Remedies: Details what constitutes default and the available remedies
11. Assignment and Subletting: Addresses whether further subletting or assignment is permitted
12. Termination: Specifies conditions and process for termination
13. Governing Law: Confirms New Zealand law governs the agreement
14. Execution: Formal signing section including witness requirements
1. Fit-out Works: Include when the Sublessee will be performing initial fit-out works to the premises
2. Operating Hours: Include for commercial premises with specific operating hour requirements
3. Signage Rights: Include when specific signage provisions are needed, especially in commercial buildings
4. Car Parking: Include when car parking spaces are part of the sublease
5. Building Rules: Include when the premises are part of a larger building with specific rules
6. Environmental Obligations: Include when specific environmental compliance requirements apply
7. GST Provisions: Include detailed GST provisions for commercial subleases
8. Head Landlord's Consent: Include specific conditions required by the head landlord
1. Schedule 1: Premises Plan: Detailed plan showing the subleased premises, including any exclusive and common areas
2. Schedule 2: Head Lease: Copy or relevant excerpts of the head lease
3. Schedule 3: Rent Review Provisions: Detailed rent review methodology and timing
4. Schedule 4: Outgoings Schedule: Detailed breakdown of outgoings and payment responsibilities
5. Schedule 5: Condition Report: Detailed report on the condition of the premises at the start of the sublease
6. Schedule 6: Fit-out Specifications: Details of any approved fit-out works (if applicable)
7. Appendix A: Head Landlord's Consent: Written consent from the head landlord for the sublease
8. Appendix B: Building Rules: Copy of the building rules and regulations (if applicable)
Authors
Commercial Real Estate
Retail
Office Space
Industrial
Residential Property
Hospitality
Healthcare
Education
Professional Services
Manufacturing
Legal
Real Estate
Operations
Facilities Management
Property Management
Compliance
Administration
Business Development
Asset Management
Risk Management
Property Manager
Real Estate Manager
Legal Counsel
Facilities Manager
Operations Manager
Commercial Lease Administrator
Property Administrator
Business Development Manager
Office Manager
Compliance Officer
Real Estate Agent
Property Lawyer
Tenant Relations Manager
Asset Manager
Space Planning Manager
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