Sublease Contract Agreement Template for Malaysia

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Key Requirements PROMPT example:

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."

Document background
The Sublease Contract Agreement is a vital legal instrument used in Malaysian property transactions when an existing tenant wishes to transfer partial or full rights of their leased property to another party. This document is essential in situations where the original tenant needs to sublease their space due to business changes, relocation, or financial considerations. The agreement must strictly comply with Malaysian property law, particularly the National Land Code 1965 and relevant state regulations, while ensuring all terms align with the master lease. It typically includes detailed provisions for rent, security deposits, maintenance responsibilities, insurance requirements, and default remedies. The document serves to protect all parties' interests while maintaining transparency in the sublease arrangement and ensuring proper documentation for legal and tax purposes.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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 Industries

Real Estate

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Co-working Spaces

Manufacturing

Warehouse and Storage

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Property Management

Asset Management

Risk and Compliance

Administration

Business Development

Finance

Relevant Roles

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

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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