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Subcontract Lease Agreement
"I need a Subcontract Lease Agreement for subletting half of my retail space in Auckland CBD to a café business, starting from March 2025, with specific provisions for food service operations and shared kitchen facilities."
1. Parties: Identifies the head tenant (sublessor) and subtenant (sublessee), including full legal names and addresses
2. Background: Outlines the existence of the head lease, the authority to sublease, and the intention of the parties
3. Definitions and Interpretation: Defines key terms used in the agreement and establishes rules for interpretation
4. Grant of Sublease: Formal grant of the sublease, specifying the premises and any excluded areas
5. Term and Renewal: Specifies the duration of the sublease and any renewal rights, ensuring it doesn't exceed the head lease term
6. Rent and Operating Expenses: Details the rent amount, payment terms, review mechanisms, and operating expense obligations
7. Security Deposit: Specifies the bond or security deposit requirements and conditions for return
8. Use of Premises: Defines permitted use of the premises and any restrictions
9. Maintenance and Repairs: Outlines responsibilities for maintenance, repairs, and alterations
10. Insurance and Liability: Specifies insurance requirements and allocation of risk
11. Default and Remedies: Defines events of default and available remedies
12. Assignment and Further Subletting: Addresses rights and restrictions regarding assignment or further subletting
13. Termination: Details circumstances and procedures for early termination
14. General Provisions: Includes standard clauses like notices, governing law, and dispute resolution
1. Fit-out Provisions: Used when the subtenant will be conducting initial fit-out works
2. Car Parking: Include when car parking spaces are part of the sublease
3. Guarantees: Required when personal or corporate guarantees are provided
4. Special Use Conditions: For premises requiring specific operational conditions or licenses
5. Head Landlord's Consent: Include specific conditions required by the head landlord
6. Make Good Obligations: Detailed requirements for premises restoration at lease end
7. Shared Facilities: When the sublease includes access to common areas or shared services
8. Environmental Obligations: For properties with specific environmental compliance requirements
1. Schedule 1 - Premises Plan: Detailed plan showing the subleased premises and any exclusive or common areas
2. Schedule 2 - Head Lease Terms: Key terms from the head lease that affect the sublease
3. Schedule 3 - Rent Schedule: Details of rent amounts, review dates, and payment terms
4. Schedule 4 - Operating Expenses: Breakdown of operating expenses and allocation method
5. Schedule 5 - Fit-out Specifications: Technical specifications for any approved fit-out works
6. Schedule 6 - Condition Report: Detailed report on the condition of premises at commencement
7. Appendix A - Head Landlord's Consent: Copy of head landlord's written consent to sublease
8. Appendix B - Insurance Requirements: Detailed insurance specifications and certificates
Authors
Head Landlord
Head Tenant
Sublessee
Sublessor
Premises
Common Areas
Commencement Date
Expiry Date
Term
Permitted Use
Base Rent
Operating Expenses
Outgoings
Security Deposit
Bank Guarantee
Business Day
GST
Lease Year
Rent Review Date
Market Rent
Default Interest Rate
Fit-out Works
Make Good
Head Landlord's Consent
Building
Building Services
Car Parks
Guarantor
Insurance Requirements
Land
Notice
Occupational Health and Safety Requirements
Option Period
Renewal Term
Services
Shared Facilities
Utilities
Working Hours
Grant of Sublease
Term and Renewal
Rent Payment
Operating Expenses
Security Deposit
Permitted Use
Maintenance and Repairs
Alterations and Improvements
Insurance
Assignment and Subletting
Default and Remedies
Termination
Quiet Enjoyment
Access and Inspection
Utilities and Services
Compliance with Laws
Health and Safety
Environmental Compliance
Signage and Branding
Car Parking
Common Areas
Building Rules
Force Majeure
Dispute Resolution
Notices
Confidentiality
Guarantees
Indemnification
Make Good
Head Landlord Consent
GST and Taxes
Building Services
Emergency Procedures
Repairs and Maintenance
Property Damage
Security
Governing Law
Entire Agreement
Real Estate
Retail
Commercial Property
Office Space
Industrial
Hospitality
Healthcare
Education
Professional Services
Manufacturing
Warehousing
Technology
Legal
Property Management
Operations
Facilities Management
Risk and Compliance
Real Estate
Administration
Finance
Business Development
Asset Management
Property Manager
Facilities Manager
Legal Counsel
Real Estate Manager
Operations Director
Commercial Lease Administrator
Asset Manager
Business Development Manager
Contract Administrator
Risk Manager
Compliance Officer
Real Estate Agent
Property Consultant
Space Planning Manager
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