Document background
The Lease and Sublease Agreement is a vital document used in Indonesian commercial and residential property transactions where a tenant intends to further lease the property to other parties. This document is particularly important in commercial settings where businesses need flexibility to optimize their leased space usage. The agreement must comply with Indonesian property laws, including the Civil Code (KUHPerdata) and relevant property regulations. It typically includes detailed provisions for both the primary lease and sublease arrangements, covering aspects such as rental terms, maintenance obligations, use restrictions, and termination rights. The document is essential for property owners who want to maintain control over their property while allowing their tenants to sublease, and for tenants who need to efficiently manage their leased space by subletting to other occupants. It's commonly used in commercial real estate, retail locations, office spaces, and industrial properties throughout Indonesia.
