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Sublease Addendum
"I need a Sublease Addendum for our Manila office space where we're subletting 50% of our floor (500 square meters) to a tech startup from January 2025, with specific provisions for shared conference rooms and a requirement that they maintain their own insurance coverage."
1. Parties: Identification of all parties including the original landlord, tenant (sublessor), and sublessee with complete legal names and addresses
2. Background: Reference to the original lease agreement including its date, parties, and property description; statement of sublessor's right to sublease
3. Definitions: Key terms used in the addendum, including references to terms from the original lease that remain applicable
4. Subleased Premises: Detailed description of the portion of the property being subleased, including any shared areas or facilities
5. Term and Commencement: Duration of the sublease and its relationship to the master lease term
6. Rent and Payment Terms: Sublease rent amount, payment schedule, and method of payment
7. Security Deposit: Amount, terms, and conditions for the security deposit specific to the sublease
8. Relationship to Master Lease: Confirmation that sublease is subject to master lease terms and specification of which original lease terms apply
9. Compliance Requirements: Sublessee's obligations to comply with master lease terms and any additional requirements
10. Execution and Notice: Signature requirements, notice provisions, and contact information for all parties
1. Utilities and Services: Used when utility responsibilities differ from the master lease or need specific allocation between sublessor and sublessee
2. Maintenance and Repairs: Include when maintenance responsibilities need to be specifically allocated between parties
3. Insurance Requirements: Used when additional insurance requirements are imposed on the sublessee
4. Use Restrictions: Include when specific use limitations or requirements differ from or add to master lease terms
5. Improvements and Alterations: Used when sublessee is permitted or restricted from making changes to the premises
6. Assignment and Further Subletting: Include when addressing whether further subletting or assignment is permitted
7. Original Landlord's Consent: Used when specific terms of the landlord's consent need to be documented
8. Early Termination Rights: Include when parties agree to specific early termination provisions
1. Schedule A - Floor Plan: Detailed plan showing the subleased portion of the premises and any shared areas
2. Schedule B - Master Lease: Copy of the original lease agreement referenced in the sublease addendum
3. Schedule C - Landlord's Consent: Written consent from the original landlord permitting the sublease
4. Schedule D - Condition Report: Documentation of the premises condition at the start of the sublease
5. Schedule E - House Rules: Any specific rules or regulations applicable to the sublessee
6. Schedule F - Payment Schedule: Detailed breakdown of rent payments, due dates, and any escalation provisions
Authors
Original Landlord
Sublessor
Sublessee
Subleased Premises
Common Areas
Commencement Date
Expiration Date
Base Rent
Additional Rent
Security Deposit
Permitted Use
Original Lease Term
Sublease Term
Effective Date
Rent Commencement Date
Building
Property
Shared Facilities
Operating Expenses
Utilities
Force Majeure
Business Day
Notice
Improvements
Alterations
Occupancy Date
Default
Applicable Law
Consent Document
Rental Period
Payment Date
House Rules
Transfer
Assignment
Recitals
Definitions
Grant of Sublease
Term and Duration
Rent and Payment
Security Deposit
Use of Premises
Utilities and Services
Maintenance and Repairs
Alterations and Improvements
Insurance
Assignment and Further Subletting
Default and Remedies
Indemnification
Compliance with Laws
Access Rights
Notices
Force Majeure
Governing Law
Dispute Resolution
Amendment
Entire Agreement
Severability
Registration and Stamp Duty
Waiver
Relationship of Parties
Counterparts
Authority and Capacity
Termination
Commercial Real Estate
Residential Real Estate
Retail
Office Space
Industrial
Hospitality
Co-working Spaces
Manufacturing
Warehousing
Educational Institutions
Healthcare Facilities
Legal
Real Estate
Facilities Management
Operations
Corporate Services
Risk Management
Compliance
Administration
Property Management
Asset Management
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Contract Administrator
Business Operations Manager
Commercial Lease Administrator
Asset Manager
Real Estate Director
Compliance Officer
Corporate Services Manager
Space Planning Manager
Real Estate Portfolio Manager
Tenant Relations Manager
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