Free Professional Sublease Agreement Template
Professional Sublease Agreement
This Sublease Agreement ("Agreement") is entered into on this 4th day of November 2050, by and between [Your Name] ("Sublessor") and Barry Morar ("Subtenant"). The Sublessor and Subtenant may collectively be referred to as the "Parties."
I. Property Description
The Sublessor hereby agrees to sublease to the Subtenant the premises located at 123 Main Street, Charlotte, NC 28202, which consists of the following:
|
Description |
Details |
|---|---|
|
Type of Property |
Residential Apartment |
|
Number of Bedrooms |
2 |
|
Number of Bathrooms |
2 |
|
Square Footage |
1,200 sq. ft. |
|
Lease Start Date |
November 10, 2050 |
|
Lease End Date |
November 9, 2051 |
II. Term of Sublease
The term of this Sublease shall commence on November 10, 2050, and shall terminate on November 9, 2051, unless terminated earlier in accordance with the terms of this Agreement.
III. Rent
The Subtenant agrees to pay the Sublessor rent in the amount of $1,500 per month. Rent payments are due on the 1st day of each month.
Payment Details
|
Payment Method |
Account Details |
|---|---|
|
Bank Transfer |
Bank of America, Account Number: 123456789 |
|
Venmo |
@[YourName] |
IV. Security Deposit
The Subtenant agrees to pay a security deposit of $1,500 to the Sublessor prior to the commencement of the Sublease. This deposit shall be held in accordance with applicable laws and returned to the Subtenant upon termination of the Sublease, subject to any deductions as allowed by law.
V. Utilities
The following utilities shall be included in the rent and paid by the Sublessor:
-
Water
-
Electricity
-
Gas
-
Internet
The Subtenant shall be responsible for the following utilities:
-
Cable Television
-
Phone Service
VI. Use of Premises
The Subtenant shall use the premises for residential purposes only. The Subtenant shall not engage in any illegal activities or create any disturbances that may disturb the peace of the surrounding neighborhood.
VII. Maintenance and Repairs
The Subtenant shall keep the premises in a clean and orderly condition. Any repairs needed due to the Subtenant’s negligence shall be the responsibility of the Subtenant.
VIII. Alterations
The Subtenant shall not make any alterations to the premises without the prior written consent of the Sublessor.
IX. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of North Carolina.
X. Signatures
The Parties have executed this Sublease Agreement as of the date first above written.
Sublessor:
[Your Name]
Subtenant:
Barry Morar
This Sublease Agreement is binding upon the Parties and their respective successors and assigns. Any amendments to this Agreement must be in writing and signed by both Parties.
