Sublease Agreement Template for Pakistan

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Key Requirements PROMPT example:

Sublease Agreement

"I need a Sublease Agreement for a furnished commercial office space in Lahore's Business District, with a 2-year term starting March 1, 2025, that includes specific provisions for IT infrastructure and 24/7 access for a tech company."

Document background
The Sublease Agreement is a crucial legal instrument in Pakistani property law, used when an existing tenant wishes to transfer their leasehold rights to another party while maintaining their original lease agreement with the landlord. This document is essential in situations where businesses or individuals need to temporarily vacate their rented premises or optimize their space usage by subleasing unused portions. The agreement must comply with the Transfer of Property Act, 1882, relevant provincial rent control regulations, and Islamic law principles. It typically requires the original landlord's consent and must be properly stamped and registered if the term exceeds one year. The document comprehensively covers all aspects of the sublease arrangement, including rent, duration, maintenance responsibilities, and specific conditions inherited from the master lease.
Suggested Sections

1. Parties: Identification of the Sublessor (current tenant) and Sublessee, including full legal names, addresses, and contact details

2. Background: Context of the sublease, including reference to the master lease and confirmation of the Sublessor's authority to sublease

3. Definitions: Definitions of key terms used throughout the agreement

4. Demised Premises: Detailed description of the property being subleased, including its location and boundaries

5. Term and Possession: Duration of the sublease, commencement date, and conditions for possession

6. Rent and Security Deposit: Rent amount, payment terms, security deposit details, and any advance payments required

7. Utilities and Maintenance: Responsibilities for utility payments and maintenance obligations of both parties

8. Use of Premises: Permitted use of the property and any restrictions

9. Compliance with Master Lease: Sublessee's obligations to comply with the terms of the master lease

10. Insurance and Liability: Insurance requirements and allocation of risks between parties

11. Default and Remedies: Events of default and available remedies for both parties

12. Termination: Conditions and procedures for early termination

13. Notices: Method and addresses for serving formal notices

14. Governing Law: Specification of Pakistani law as governing law and jurisdiction

Optional Sections

1. Furniture and Fixtures: Include when the sublease includes furnished premises, listing all items and their condition

2. Alterations and Improvements: Include when the Sublessee is permitted to make changes to the property

3. Building Rules: Include when the property is in a managed building with specific rules and regulations

4. Parking: Include when parking spaces are part of the sublease

5. Subletting and Assignment: Include when further subletting or assignment rights are to be addressed

6. Pets: Include when there are specific provisions regarding keeping pets

7. Force Majeure: Include when parties want to address unforeseen circumstances affecting performance

8. Dispute Resolution: Include when parties want to specify alternative dispute resolution methods

Suggested Schedules

1. Schedule 1 - Floor Plan: Detailed plan showing the subleased premises and any exclusive/common areas

2. Schedule 2 - Inventory List: Detailed list of furniture, fixtures, and equipment included in the sublease

3. Schedule 3 - Master Lease: Copy of the master lease agreement

4. Schedule 4 - Condition Report: Detailed report on the condition of the premises at the start of the sublease

5. Schedule 5 - Building Rules: Copy of any applicable building rules and regulations

6. Schedule 6 - Payment Schedule: Detailed breakdown of rent, utilities, and other payment obligations

7. Appendix A - Landlord's Consent: Written consent from the original landlord permitting 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

Clauses
Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Education

Healthcare

Technology

Professional Services

Manufacturing

Warehousing

Co-working Spaces

Relevant Teams

Legal

Real Estate

Operations

Facilities Management

Administration

Compliance

Risk Management

Property Management

Contract Management

Business Development

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Contract Administrator

Lease Administrator

Operations Manager

Business Development Manager

Administrative Officer

Company Secretary

Risk Manager

Compliance Officer

Real Estate Agent

Property Consultant

Branch 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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