🏢 Sub-Underlet Licence
A sub-underlet licence is a licence that allows the tenant to sublet all or part of the property to another person. The tenant must get the landlord's permission before subletting and the landlord can refuse permission if they have a good reason. The tenant is still responsible for the property and must make sure that the subtenant does not damage it.
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Sub-Underlet License (Whole or Part Of Property)
This legal template provides a framework for documenting the agreement between the tenant and the sub-underlessee, ensuring that both parties are aware of their rights, responsibilities, and obligations in the sub-underletting arrangement. It covers various aspects such as the duration of the sub-underlet, rent payments, maintenance responsibilities, access to common areas (if applicable), and any restrictions or conditions imposed by the head lessor.
By using this legally binding template, both the sub-lessee and the sub-underlessee can clarify the terms of their agreement, protecting their respective interests and minimizing potential disputes. It ensures compliance with UK law and provides a clear legal framework for the sub-underletting relationship.
Publisher
Genie AIJurisdiction
England and WalesAssociated business activities
Sub-underlet commercial property
A sub-underlet is a great way to keep your business running if you need to move locations or downsize your business.
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