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Deed Of Sub Lease
"I need a Deed of Sub Lease for a retail shop space in Melbourne CBD, where I want to sublease my premises to a fashion retailer for 3 years starting March 2025, with an option to renew for 2 additional years."
1. Parties: Identifies all parties to the deed including head lessor, sublessor, and sublessee
2. Background: Outlines the existence of the head lease and the sublessor's right to sublease
3. Definitions and Interpretation: Defines key terms and establishes interpretation principles
4. Grant of Sublease: Formal creation of the sublease interest and specification of the term
5. Rent and Other Payments: Details of rent, payment terms, review mechanisms, and other financial obligations
6. Outgoings and Expenses: Specifies responsibility for utilities, rates, taxes, and other property-related expenses
7. Use of Premises: Permitted and prohibited uses of the subleased premises
8. Maintenance and Repairs: Obligations regarding property maintenance, repairs, and alterations
9. Insurance: Required insurance coverage and obligations of each party
10. Assignment and Subletting: Restrictions and conditions for further assignment or subletting
11. Default and Termination: Events of default, consequences, and termination provisions
12. Relationship with Head Lease: Provisions ensuring compliance with head lease terms
13. Execution: Formal execution requirements and attestation
1. Retail Lease Provisions: Additional provisions required when the premises are used for retail purposes
2. Environmental Obligations: Specific environmental requirements for industrial or specialized premises
3. Fit-out Works: Requirements and conditions for initial tenant fit-out works
4. Security Deposit: Terms relating to security deposit or bank guarantee requirements
5. Option to Renew: Terms and conditions for extending the sublease
6. Break Clause: Provisions allowing early termination under specific circumstances
7. Car Parking: Specific provisions regarding car parking rights and obligations
8. Building Services: Special provisions regarding access to or payment for building services
9. Green Lease Provisions: Environmental sustainability obligations and targets
1. Schedule 1 - Premises Plan: Detailed plan showing the subleased area
2. Schedule 2 - Head Lease: Copy or relevant extract of the head lease
3. Schedule 3 - Rent and Review Provisions: Detailed rent calculations and review mechanisms
4. Schedule 4 - Special Conditions: Any special or additional conditions specific to this sublease
5. Schedule 5 - Fit-out Specifications: Detailed specifications for any permitted fit-out works
6. Schedule 6 - Building Rules: Building rules and regulations applicable to the premises
7. Appendix A - Head Lessor's Consent: Written consent from the head lessor to the sublease
8. Appendix B - Condition Report: Detailed report on the condition of the premises at commencement
9. Appendix C - Insurance Certificates: Copies of required insurance certificates
Authors
Base Rent
Building
Business Day
Commencement Date
Common Areas
Consent
Consumer Price Index
Expiry Date
GST
Head Lease
Head Lessor
Insurance
Land
Lease Year
Market Review Date
Mortgagee
Outgoings
Permitted Use
Premises
Rent
Rent Review Date
Review Period
Security Deposit
Services
Sublease
Sublease Period
Sublessee
Sublessor
Term
Termination Date
Building Rules
Operating Hours
Utilities
Working Hours
Fit-out Works
Guarantee
Guarantor
Interest Rate
Notice
Occupational Health and Safety Laws
Payment Date
Rates and Taxes
Related Entity
Renewal Option
Retail Leases Act
Schedule of Payments
Structural Elements
Grant of Sublease
Head Lease Compliance
Term of Sublease
Rent
Rent Review
Outgoings
Security Deposit
Use of Premises
Maintenance and Repair
Alterations and Additions
Insurance
Assignment and Subletting
Quiet Enjoyment
Default and Termination
Damage and Destruction
Access and Security
Utilities and Services
Common Areas
Environmental Compliance
Work Health and Safety
Signage
GST
Property Tax
Emergency Procedures
Building Rules
Yielding Up
Options to Renew
Registration
Notices
Costs
Guarantees
Governing Law
Dispute Resolution
Force Majeure
Entire Agreement
Severability
Variation
Waiver
Indemnity
Commercial Real Estate
Retail
Industrial
Office Space
Hospitality
Healthcare
Education
Manufacturing
Warehousing
Professional Services
Legal
Real Estate
Operations
Finance
Compliance
Risk Management
Facilities Management
Property Management
Business Development
Asset Management
Property Manager
Facility Manager
Real Estate Lawyer
Commercial Lease Manager
Operations Director
Chief Financial Officer
Real Estate Agent
Property Portfolio Manager
Business Development Manager
Corporate Counsel
Leasing Executive
Asset Manager
Risk Manager
Compliance Officer
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