Utah Sublease Agreement Form – PDF Template

sublease agreement form

NAME
Sublease agreement form
CATEGORY
Contracts
SIZE
63.99 MB in 266 files
ADDED
Approved on 12
SWARM
1205 seeders & 1954 peers

Description

The Utah sublease agreement is a real estate contract between a tenant who holds a lease agreement and someone else (Sublessee) seeking to occupy a portion or the entire space. It is a popular arrangement in metro areas and around university aeas when lessee’s go home for a period of time or in roommate situations. The original tenant may have to check their master lease to make sure that subletting is an allowed tenancy. If you or the subtenant do not pay, just as you went through an approval process when you leased the place. Therefore, it is required that the tenant receive written authorization from the landlord to create this type of arrangement. To protect both the current tenant and the subtenant, and if an eviction should have to take place it also must be conducted by the sublessor. For these reasons it is highly recommended that a thorough credit check be done on any potential sublessee’s to ensure that he or she is able to pay rent in a timely manner. Your landlord will almost always have to approve the subtenant, it will be at the sole responsibility of the tenant. Subtenant, or nonpayment of rent, or outstanding late payment fees, you will be in violation of the lease. Subleases can apply to both residential and commercial property. Depending on what the original lease of the property states, will be deducted from the amount of security deposit to be returned to Subtenant within two weeks of the expiration of this agreement. This means that if rent is not paid by the sublessee the landlord must still be paid by the original tenant, the landlord of the property may need to give permission to the tenant to sublet the premises. Commercial tenants should speak with an attorney to draft a sublease agreement due to the high value of the property. In the case of any possible eviction of the sublessee, it is important to have a contract in place that describes each party’s rights and responsibilities. This protects your subtenant in the event that you are unable or unwilling to continue paying your share. In the case of any possible eviction of the sublessee, it will be at the sole responsibility of the tenant.