Sub-Lease Agreement Template South Africa [Microsoft Doc.]

SUB-LEASE AGREEMENT

Summary A tenant who is already renting premises, but is wanting to sub-lease the whole or portion of the property to a sub-lessee may use a Sub-Lease Agreement.

Note: you may wish to obtain the sub-lessee’s details, and conduct a background check before finalising the Agreement. The Tenant Application Form may be used for this purpose.

What does the Agreement say? The Sub-Lease Agreement covers the following issues: Letting and Hiring; Duration; Rent; Use; Additional Charges; Maintenance, Repairs and Cleaning; Laws and other Agreements; Insurance; Improvements; Sub-Letting; Breach; General

What does the Sub-Lease Agreement look like? The agreement can be printed onto six pages.

What do you need to do to use a Sub-Lease?

• Complete the relevant details in the agreement.
• Read the document to ensure that it suits your requirements. Make changes as required.
• Ensure that the agreement is signed by both the sub-lessee and you as the lessor.

You should also ensure that the primary Lease Agreement with the landlord does not prohibit entering into a Sub-Lease Agreement.

Also known as: Rental Agreement; Lease Agreement; Property Rental Agreement; Rental Contract; Terms of Lease; Rental Terms and Conditions; Lease of Property Agreement.

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