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Main Tenant And Subtenant Agreement
"I need a Main Tenant And Subtenant Agreement for a London office space where I'm the main tenant subletting two floors to a tech startup for 18 months starting March 2025, with quarterly rent payments and specific provisions for shared meeting rooms."
1. Parties: Details of the main tenant and subtenant, including full legal names and addresses
2. Background: Context of the agreement, including reference to the head lease and superior landlord relationship
3. Definitions: Key terms used throughout the agreement including Property, Head Lease, Term, Rent, etc.
4. Demise: Description of the property being sublet and any included/excluded areas
5. Term: Duration of the sublease, including start and end dates
6. Rent and Payment Terms: Amount of rent, payment frequency, method of payment, and review provisions
7. Tenant Obligations: Core responsibilities of the subtenant including maintenance, repairs, use of property, and compliance with head lease terms
8. Main Tenant Obligations: Core responsibilities of the main tenant including maintaining head lease and providing quiet enjoyment
9. Insurance: Insurance requirements and obligations for both parties
10. Termination: Circumstances and procedures for ending the agreement
1. Break Clause: Optional provisions for early termination of the agreement by either party
2. Service Charge Provisions: Details of service charges and payment arrangements for shared facilities or services
3. Alterations and Improvements: Permissions and restrictions regarding property modifications
4. Utilities and Council Tax: Specific arrangements for payment of utilities and local authority charges
5. Deposit Arrangements: Details of security deposit handling and protection scheme
1. Schedule 1: Property Inventory: Detailed list of fixtures, fittings, and condition report
2. Schedule 2: Head Lease Terms: Relevant terms from the superior lease that affect the sublease
3. Schedule 3: House Rules: Building regulations and specific property use guidelines
4. Schedule 4: Service Charge Schedule: Breakdown of service charges and allocation of costs
5. Appendix A: Superior Landlord's Consent: Written consent from the superior landlord for the subletting arrangement
6. Appendix B: Floor Plans: Detailed plans showing the extent of the sublet property
Authors
Commencement Date
Deposit
Head Lease
Main Tenant
Monthly Rent
Permitted Use
Property
Rent Payment Date
Service Charge
Subtenant
Superior Landlord
Term
Termination Date
Common Parts
Contents
Building
Utilities
Permitted Occupiers
Insurance Rent
Fixtures and Fittings
Inventory
Repair Notice
Regulations
Schedule of Condition
Working Day
Interest Rate
Insured Risks
Relevant Authority
Tenant's Covenants
Term and Renewal
Rent Payment
Deposit
Service Charges
Insurance
Repairs and Maintenance
Alterations and Improvements
Use of Property
Assignment and Subletting
Quiet Enjoyment
Access Rights
Utilities and Outgoings
Tenant's Covenants
Main Tenant's Covenants
Break Clause
Termination
Notices
Compliance with Head Lease
Superior Landlord Consent
Fixtures and Fittings
Occupier's Liability
Health and Safety
Property Management
Default and Remedies
Indemnification
Costs and Expenses
Severability
Governing Law
Entire Agreement
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