Commercial Sublease Agreement Form | Fill, Download & Use
FAQ
A: It is a legal contract where a tenant rents out their leased commercial space to a third party. The original tenant remains responsible to the landlord for the Master Lease.
A: Almost always, yes. Most commercial Master Leases require written consent from the landlord before a sublease can be executed. Failing to get this can lead to eviction for both parties.
A: The Sublessor (original tenant) is usually still liable to the landlord for any damages caused by the Sublessee. This is why our form includes a strong “Indemnification” clause to protect the original tenant.
A: No. A sublease is a “subset” of the Master Lease. It must end on or before the expiration date of the original lease agreement.
A: In a sublease, the original tenant stays on the hook for rent and damages. In an assignment, the original tenant transfers all their rights and responsibilities to a new person and is typically released from the lease.
A: While not always legally required for the contract to be valid, many businesses choose to notarize the agreement to verify the identities of the signing officers and prevent future disputes.
