The template of a sublease agreement concluded between individuals is designed to transfer the right of ownership and use of residential premises from one person (the Tenant) to another (the Tenant) for a certain period and conditions. The document includes important sections:
1. The subject of the contract – describes the obligations of the Tenant to provide residential premises and the Tenant to pay for its use.
2. The amount of the fee and the settlement procedure are the conditions for setting and paying the sub–loan fee, including utility bills and a deposit.
3. Rights and obligations of the parties – details the obligations and rights of the Employer and the Sub-Tenant during the validity of the contract.
4. Liability of the parties – regulates the issues of non-payment, damage to property and compensation.
5. Force majeure – exemption from liability in case of emergency.
6. Termination of the contract – the terms and procedure for early termination of the contract.
7. Final Terms – terms of dispute resolution, deposit refund and state registration.
The sublease agreement regulates many aspects of the interaction between the Tenant and the Sublease, providing a legal framework for the safe and effective use of residential premises