Sublease Agreement For Commercial Property In Utah
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What is included in a standard Commercial Sublease Agreement? Contract information. Names, addresses and contract information for both parties. Location of property. Physical address of building as well as a description of the specific space to be subleased. Terms. Payments. Utilities and services. Termination.
San Francisco, Oakland and Berkeley passed laws to protect renters in roommate/subletting situations. If you live in one of these cities, your landlord can neither deny you the right to nor evict you for replacing a roommate or subletting a room without their consent.
In Utah, tenants can sublet if their lease does not specifically prohibit it. They must obtain written permission from the landlord before proceeding. The landlord has the right to screen and approve potential subtenants.
Lessee shall not assign this Lease or sublet any portion of the Premises without prior written consent of the Lessor, which shall not be unreasonably withheld. Any such assignment or subletting without consent shall be void and, at the option of the Lessor, may terminate this Lease.
Subletting Can Impact Property Values Parking becomes difficult, there are higher utility costs, and the neighborhood won't be as appealing to prospective buyers.
Landlords cannot deny a person a rental unit or make any drastic changes to their rental policies specifically because of any discriminatory reasoning. This includes everything, including gender, age, race, nationality, amount of children, annual income, religion etc.
The terms sublet and sublease are often used synonymously, but they have very different meanings. The gist is that a sublet occurs when you find a new renter for the property who will sign a new lease with the landlord, while a sublease occupies the space without signing a lease directly with the landlord.
In Utah, tenants can sublet if their lease does not specifically prohibit it. They must obtain written permission from the landlord before proceeding. The landlord has the right to screen and approve potential subtenants.
The Landlord hereby consents to the Tenant's sublease of the Lease to the New Tenant on the terms of the sublease of the Lease, a copy of which is attached as Exhibit B (the "Sublease"). The Landlord's consent to the sublease does not constitute consent to any subsequent subleases or assignments of the Property.
6 Key Things to Include in a Commercial Lease Letter of Intent A Statement Declaring Your Interest in Leasing the Space. A Description of Your Company. An Outline of On-Site Employees, Equipment, and Machinery. Your Business Hours. An Overview of Your Current Space. Contact Details.