Sublease Addendum Template

In addition to the sample template we provide a variety of example addendums to residential leases.

Sublease addendum template. The sub lessor is defined as a principal tenant who holds the lease to a property with that propertys owner or landlord. In most cases a sublease occurs when a tenant has time left on their rental agreement with the landlord and would like to vacate earlier than the end date. The lease addendum templates allow a landlord or tenant to make changes to a current residential or commercial lease agreement. The indiana sublease agreement template is a written contract form which will definitively document the conditions of a sublet lease between a sub lessor and a sub lessee.

If it does go ahead. A sublease agreement is between a tenant also known as the sublessor and a person seeking to rent the same space the sublessee. Tenant will not assign tenants rights under this lease or sublet all or any part of the property without the prior written. Sublet leases best if approved by the landlord or property manager are often used when original leaseholders cannot complete the terms of their lease need to move are going to be temporarily relocated or want to move in a roommate.

Sample sublease agreement pdf. Look online for a template related to your addendum purpose so you dont need to draft it yourself. The lease addendum clarifies that the landlord may raise the rent without limitation on all remaining tenants after the last original tenant permanently vacates as is permitted by state and local law. This agreement can be used when the original tenant will be gone from the property for either a portion or the entirety of the remaining term under the original lease.

Instead of changing the actual lease agreement an addendum is a document added to a lease agreement outlining the prearranged modifications. This section provides a free pre written sample lease for a residential property. Sublease addendum language pdf. A sublease agreement allows a tenant who has a lease to a residential property to assign their rights in the property so that a new individual called the subtenant can take over all or part of a property in their place.

A sub lessee is the party which will rent this property from the sub lessor. The standard sublease agreement below details an arrangement between the sublessor joan j green and the subtenant kathy s blake in the sublease contract joan j green agrees to lease to kathy s blake and kathy s blake agrees to temporarily abide by the terms set forth in the document. A sublease agreement is a lease contract between an original tenant and a subtenant.