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Sublease Contract Agreement
"I need a Sublease Contract Agreement for subleasing a commercial office space in Kuala Lumpur's central business district, with a term starting March 1, 2025, that includes provisions for shared meeting rooms and IT infrastructure maintenance."
1. Parties: Identification of the sublandlord (original tenant) and subtenant, including full legal names, registration numbers for companies, and addresses
2. Background: Context of the sublease, including reference to the master lease and confirmation of the sublandlord's authority to sublease
3. Definitions: Definitions of key terms used throughout the agreement, including 'Premises', 'Term', 'Master Lease', etc.
4. Demise: The formal grant of the sublease, specifying the premises being subleased
5. Term and Possession: Duration of the sublease, commencement date, and conditions for possession
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and review mechanisms
7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit
8. Permitted Use: Specified allowed uses of the premises
9. Maintenance and Repairs: Responsibilities of each party regarding maintenance, repairs, and improvements
10. Insurance: Required insurance coverage and responsibilities
11. Assignment and Further Subletting: Restrictions and conditions on assignment or further subletting
12. Default and Termination: Events of default, remedies, and termination procedures
13. Master Lease Compliance: Obligation to comply with master lease terms and conditions
14. Governing Law: Specification of Malaysian law as governing law and jurisdiction
1. Utilities and Services: Details of utility responsibilities and service charges when not included in rent
2. Alterations and Improvements: Terms for making changes to the premises, used when alterations are contemplated
3. Common Areas: Rights and obligations regarding common areas, relevant for commercial buildings
4. Option to Renew: Terms for lease renewal, included when offering renewal rights
5. Break Clause: Early termination provisions, included when early termination might be needed
6. Green Lease Provisions: Environmental and sustainability requirements, relevant for green buildings
7. Quiet Enjoyment: Extended provisions for peaceful possession, particularly relevant for residential subleases
8. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID
1. Schedule 1 - Property Description: Detailed description of the subleased premises, including floor plans and measurements
2. Schedule 2 - Master Lease Terms: Relevant excerpts or summary of master lease terms that affect the sublease
3. Schedule 3 - Rent Schedule: Detailed breakdown of rent payments, including any scheduled increases
4. Schedule 4 - Condition Report: Documentation of the premises' condition at the start of the sublease
5. Schedule 5 - Building Rules: Building regulations and guidelines applicable to the premises
6. Appendix A - Fit-out Specifications: Specifications for any agreed tenant improvements or fit-outs
7. Appendix B - Service Charge Details: Breakdown of service charges and operating costs if applicable
Authors
Building
Business Day
Commencement Date
Common Areas
Deposit
Expiry Date
Force Majeure
Identity Card
Insurance
Master Landlord
Master Lease
Notice
Parties
Permitted Use
Premises
Property
Rent
Security Deposit
Service Charges
Sublandlord
Sublease Term
Subtenant
Term
Termination Date
Utilities
Working Hours
Term
Rent and Payment
Security Deposit
Permitted Use
Maintenance and Repairs
Alterations
Insurance
Utilities
Common Areas
Assignment and Subletting
Quiet Enjoyment
Default and Remedies
Termination
Force Majeure
Indemnification
Access Rights
Compliance with Laws
Master Lease Obligations
Environmental Compliance
Notices
Governing Law
Dispute Resolution
Representations and Warranties
Registration
Stamp Duty
Costs and Expenses
Severability
Entire Agreement
Renewal Options
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial
Hospitality
Co-working Spaces
Manufacturing
Warehouse and Storage
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Risk and Compliance
Administration
Business Development
Finance
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Contract Administrator
Operations Manager
Business Development Manager
Commercial Lease Manager
Asset Manager
Tenant Relations Manager
Property Administrator
Real Estate Director
Compliance Officer
Risk Manager
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