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SUBLEASE AGREEMENT

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Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 000089
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

The term subleasing is the act of renting out the whole or part of the rented premises to a third party known as the “Sublessee”. The tenant or “Sublessor” must obtain a prior written consent from the landlord to execute this agreement.

Description

It is important to note that the Sublessor remains liable to the landlord for the terms under the lease agreement.

The term of the sublease agreement must not exceed the term of the lease agreement, this means that each party holds rights and obligations till the time the original lease agreement remains valid.

Just as the sublessor must obtain written consent from the landlord to lease the premises, the same applies on the sublessee.

This agreement includes the following sections:

1.     Premises

2.     Term

3.     Rent

4.     Use of Premises

5.     Assignment and Subletting

6.     Indemnification

7.     Holdover Rent

8.     Insurance

9.     Other Provisions of Sublease

10.  Defaults & Remedies

11.  Governing Law

12.  Adherence to Terms and Conditions

13.  Headings

14.  Counterparts

15.  Entire Agreement

16.  Language

Jurisdiction

This document is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.