A Sublease Agreement is necessary when a party (the sublessor) leases a portion or all of an already rented or leased property to another party (the subtenant). Subletting is quite common. Often an unexpected change in circumstance comes up and the original tenant cannot get out of their existing lease or rental agreement so they decide to sublet the premises. It is important prior to entering into a sublease that the original lease agreement be carefully reviewed as landlord consent may be necessary.

If you are contemplating the use of a Sublease Agreement it is important to note that all the usual property laws apply. Some states consider oral rental agreements invalid so having a Sublease Agreement well documented in writing is essential for not only your protection, but that of your subtenant as well. If more than one subtenant signs the sublease, each subtenant can be held responsible for all requirements under the Sublease.

This Sublease Agreement will clearly document the terms of any sublease in writing. Some states require an inspection of the premises prior to the agreement being signed or moving in. A Premises Move-in/Move-out Inspection checklist is included as part of this sublease agreement.

These important provisions are included in this Residential Sublease Agreement:

• Premises and Term of Sublease: Location of premises and term of sublease;
• Rent Payments: The amount of rent, when it is due, and late payments;
• Security Deposit: Amount of security deposit and how it will returned;
• Default: What determines a default and any remedies;
• Quiet Enjoyment: The subtenant is entitled to quiet enjoyment the premises;
• Binding Effect and Additional Provisions: The conditions in the sublease will bind all parties to the sublease and any additional provisions can be added.

Protect Your Rights and Your Property by using our professionally prepared up-to-date forms.

This lawyer prepared packet includes:

1. Instructions and Checklist
2. General Information
3. Sublease Agreement for use in India

Law Compliance: This form complies with the laws of the states and territories of India