A Fairfax Virginia sublease agreement for commercial property is a legal document that outlines the terms and conditions between the original lessee (tenant) and a third party (subtenant) for the subleasing of a commercial property in Fairfax, Virginia. This agreement allows the original tenant to sublet a portion or the entirety of their leased commercial space to another party. The Fairfax Virginia sublease agreement for commercial property typically includes important details such as the names and addresses of all parties involved, the effective date of the sublease, the duration of the sublease term, and the rental payment terms. The agreement also highlights the responsibilities and obligations of both the original tenant and the subtenant. Keywords: Fairfax Virginia, sublease agreement, commercial property, lessee, tenant, subtenant, sublet, leased commercial space, terms and conditions, effective date, sublease term, rental payment terms, responsibilities, obligations. Different types of Fairfax Virginia sublease agreements for commercial property may include: 1. Partial Sublease Agreement: This type of sublease agreement permits the original tenant to sublet only a portion of their leased commercial space to the subtenant while still retaining some part for their own use. 2. Whole Space Sublease Agreement: In this scenario, the original tenant sublets the entire leased commercial space to a subtenant, relinquishing their right to occupy any part of the property during the sublease term. 3. Fixed Term Sublease Agreement: This type of sublease agreement establishes a specific duration for the sublease, during which the subtenant has the right to occupy the commercial property. The sublease term cannot be extended beyond the expiration date of the original lease agreement. 4. Month-to-Month Sublease Agreement: This allows the sublease to renew automatically on a monthly basis, providing flexibility for both the original tenant and subtenant. Either party can terminate the sublease by providing proper notice. 5. Assignment of Sublease Agreement: Instead of subletting, an assignment agreement transfers the original tenant's rights and responsibilities under the original lease to the subtenant. The subtenant replaces the original tenant in all aspects of the lease, and the original tenant is typically released from further obligations to the landlord. Keywords: partial sublease agreement, whole space sublease agreement, fixed term sublease agreement, month-to-month sublease agreement, assignment of sublease agreement, flexibility, termination, rights, responsibilities.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.