Management Services Corporation Sublease Agreement Template
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Sublease Agreement
THIS AGREEMENT dated _________________ by and between ________________________________________
_______________________________________ called RESIDENT(S), and _______________________________
hereinafter called SUBTENANT, and _____________________________________ hereinafter called LANDLORD.
By the Lease Agreement entered into on __________ between RESIDENT and LANDLORD, RESIDENT agreed to lease
the premises known as ________________________________________ for a current lease term of (begin date)
_______ (end date) _______ and/or the renewal lease term of (begin date) _______ (end date) _______ to perform all
conditions and terms set forth in the aforementioned Lease Agreement.
RESIDENT now wishes to vacate the premises and to allow SUBTENANT to occupy the premises beginning on
_______ and ending on _________. Since RESIDENT agreed not to sublease or assign the premises without written
consent of LANDLORD, this agreement is entered into to grant such consent on the part of the LANDLORD and to bind
the SUBTENANT to the terms and conditions of the original Lease Agreement. It is further agreed by ORIGINAL
RESIDENT, SUBTENANT and LANDLORD, that RESIDENT and SUBTENANT are both jointly and severally liable to
LANDLORD for any breach of the Lease Agreement by either party by virtue of said original Lease Agreement. Even in
the event that every ORIGINAL RESIDENT on the original Lease Agreement is not subletting, (one RESIDENT in a group
is subletting to one SUBTENANT) all ORIGINAL RESIDENTS and SUBTENANTS are jointly and severally liable for the
full amount of the rent stipulated in the ORIGINAL RESIDENT'S Lease Agreement, as well as all applicable Lease
Agreement provisions, policies and procedures. SUBTENANT acknowledges receipt of a copy of said original Lease
Agreement and RESIDENT'S original defects list.
___________________________________________________________________________
(SUBTENANT SIGN HERE FOR RECEIPT OF LEASE AGREEMENT AND DEFECTS LIST).
Any unpaid balance on the RESIDENT'S original account is hereby accepted jointly and severally by both SUBTENANTS,
as well as by the RESIDENTS.
LANDLORD will not have any involvement with the exchange of security deposit funds between RESIDENT and
SUBTENANT. LANDLORD will return the security deposit, in accordance with §2 of the original Lease Agreement, to the
original residents at the termination of the Lease Agreement.
RESIDENT agrees to deliver to the SUBTENANT the premises in the condition described in §13 of original Lease
Agreement less any defects which were submitted to the LANDLORD in the Itemized Report of Damages. SUBTENANT
agrees to accept the property from RESIDENT and to perform all terms of the Lease Agreement. It is understood that
LANDLORD will not clean, paint or inspect the apartment prior to SUBTENANT’S occupancy.
RESIDENT agrees to pay LANDLORD a fee of $75.00 for this sublet as agreed to in the Policies and Regulations
Handbook; application fees apply. An additional fee of $75 will be charged if sublease is completed separately.
RESIDENT and SUBTENANT understand that there is to be no lapse in electricity coverage. If LANDLORD is billed for
service connection or any power, this will be billed to the ledger for the resident and subtenant. If this amount is not paid,
it will be deducted from the security deposit.
RESIDENT and SUBTENANT, by signing below, acknowledge receipt of Sublease Information Sheet and agree to adhere
to all the terms and provisions set forth under the original Lease Agreement, Sublease Agreement and Policies and
Regulations Handbook.
_____________________________________
____________________________________
Resident Signature
Date
Subtenant
Date
_____________________________________
____________________________________
Resident Signature
Date
Subtenant
Date
_____________________________________
____________________________________
Resident Signature
Date
Subtenant
Date
_____________________________________
_____________________________________
Resident Signature
Date
Subtenant
Date
Property Manager______________________________
Date: _________________________________
This agreement is not valid and enforced until signed by all Residents, Subtenants, and Property Manager.
Si usted no entiende Inglés, entonces usted debe encontrar alguien para traducirle este documento para usted. Muchas
gracias
Updated 6/9/2015
EHO
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