Deed Of Sublease Template for Ireland

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Key Requirements PROMPT example:

Deed Of Sublease

"I need a Deed of Sublease for a retail space in Dublin city center, where my company will be the sublandlord subletting to a clothing retailer for 5 years starting March 1, 2025, with an annual rent review and specific provisions for store signage and shop front modifications."

Document background
The Deed of Sublease is utilized when a tenant wishes to sublease all or part of their leased premises to another party while maintaining their obligations under the original head lease. This document is crucial in Irish commercial and residential property transactions where the original tenant remains liable to the head landlord while creating a new landlord-tenant relationship with their subtenant. The deed must carefully balance the rights and obligations of all parties while ensuring compliance with Irish property law, including the Landlord and Tenant (Amendment) Act 1980 and the Land and Conveyancing Law Reform Act 2009. It includes detailed provisions for rent, maintenance, insurance, permitted use, and other key terms, while incorporating relevant head lease obligations to maintain consistency across both agreements.
Suggested Sections

1. Parties: Identifies all parties: Head Landlord, Tenant (as Sublandlord), and Subtenant, including full legal names and addresses

2. Background: Recitals explaining the head lease existence, tenant's right to sublease, and context of the sublease arrangement

3. Definitions: Defines key terms used throughout the deed, including 'Premises', 'Term', 'Head Lease', etc.

4. Demise: The formal grant of the sublease, specifying the premises being subleased

5. Term and Commencement: Duration of the sublease and its start date, ensuring it doesn't exceed the head lease term

6. Rent and Payment Terms: Details of rent amount, payment frequency, method, and review provisions

7. Tenant Covenants: Subtenant's obligations including maintenance, repair, use restrictions, and compliance with head lease terms

8. Landlord Covenants: Sublandlord's obligations and warranties regarding the premises

9. Insurance: Requirements for building and contents insurance, responsibility for premiums

10. Assignment and Subletting: Restrictions and conditions for further assignment or subletting

11. Termination Provisions: Circumstances allowing early termination and the process

12. Head Lease Obligations: Incorporation of relevant head lease terms and ensuring compliance

13. Execution: Formal execution block for all parties to sign as a deed

Optional Sections

1. Service Charge: Required if the property is part of a larger building/development with shared services

2. Break Clause: Optional provision allowing early termination under specific circumstances

3. Rent-Free Period: Include if there's an initial rent-free period as an incentive

4. Alterations and Improvements: Detailed provisions if subtenant is permitted to make changes to the premises

5. Green Lease Provisions: Environmental performance and sustainability requirements if relevant

6. Covid-19 Provisions: Special terms relating to pandemic situations if required

7. Guarantor Provisions: Required if there's a guarantor for the subtenant's obligations

Suggested Schedules

1. Schedule 1 - The Premises: Detailed description of the subleased premises, including plans and measurements

2. Schedule 2 - Rights Granted: Specific rights granted with the sublease (e.g., parking, access ways, shared facilities)

3. Schedule 3 - Rights Reserved: Rights retained by the sublandlord or head landlord

4. Schedule 4 - Service Charge Provisions: Detailed breakdown of service charge calculation and items covered

5. Schedule 5 - Rent Review Provisions: Detailed mechanism for rent reviews if applicable

6. Schedule 6 - State of Repair: Schedule of condition documenting the premises' state at the start of the sublease

7. Schedule 7 - Head Lease: Copy or relevant excerpts of the head lease

8. Appendix A - Plans: Floor plans, site plans, and location maps of the premises

9. Appendix B - Inventory: List of any fixtures, fittings, or equipment included in the sublease

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Commercial Real Estate

Residential Real Estate

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Manufacturing

Warehousing

Technology

Professional Services

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Risk & Compliance

Property Management

Asset Management

Business Development

Administrative Support

Relevant Roles

Property Manager

Real Estate Director

Facilities Manager

Legal Counsel

Commercial Director

Operations Manager

Asset Manager

Lease Administrator

Property Solicitor

Real Estate Partner

Tenant Coordinator

Business Development Manager

Chief Financial Officer

Risk Manager

Compliance Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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