Office Sublease (Pro-Sublandlord Short Form)

by Practical Law Real Estate

A Standard Document that provides a jurisdictionally neutral sublease agreement for office space in a multi-tenant building, drafted to favor the sublandlord. This Standard Document establishes key terms for the transaction, including the demise of the subleased premises, the sublease term, rent obligations, and permitted use. It outlines the critical process for obtaining the prime landlord's consent, a necessary condition for the sublease to be effective. The agreement clarifies the distinct relationships between the prime landlord, sublandlord, and subtenant. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for both sublandlords and subtenants. While subleases are generally governed by state law, this jurisdictionally neutral template is useful and relevant in every state.