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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."
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
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
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
Adjoining Property
Building
Business Day
Common Areas
Commencement Date
Consent
Deed
Demised Premises
Head Landlord
Head Lease
Interest Rate
Insurance Rent
Landlord's Fixtures
Lease Period
Legislation
Outgoings
Permitted Use
Planning Acts
Premium
Principal Rent
Quarter Days
Rent
Rent Commencement Date
Rent Payment Days
Review Date
Service Charge
Service Media
Services
Sublandlord
Subtenant
Superior Landlord
Term
Value Added Tax
VAT
Working Hours
Utilities
Schedule of Condition
Insured Risks
Permitted Occupiers
Planning Permission
Requisite Consents
Security Deposit
Structural Parts
Lease Year
Break Date
Guarantor
Term
Rent
Service Charge
Insurance
Repair and Maintenance
Alterations
Use Restrictions
Assignment and Subletting
Quiet Enjoyment
Landlord's Covenants
Tenant's Covenants
Head Lease Compliance
Termination
Break Rights
Yielding Up
Property Access
Utilities and Services
Planning and Statutory Compliance
Environmental Compliance
Indemnification
Default and Remedies
Security Deposit
Notices
Costs
VAT
Force Majeure
Governing Law
Dispute Resolution
Registration
Entire Agreement
Severability
Guarantor Obligations
Commercial Real Estate
Residential Real Estate
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Manufacturing
Warehousing
Technology
Professional Services
Legal
Real Estate
Facilities Management
Operations
Finance
Risk & Compliance
Property Management
Asset Management
Business Development
Administrative Support
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
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