This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
The Indiana Agreement of Sub-Tenant and Waiver of Liability in Favor of Tenant is a legal document that outlines the terms and conditions between a primary tenant (sub-landlord) and a sub-tenant (sub-tenant) in the state of Indiana. This agreement is crucial when the primary tenant wants to rent a portion or all of the leased premises to another individual or business. The Agreement of Sub-Tenant and Waiver of Liability serves as a legally binding contract that governs the relationship between the primary tenant and sub-tenant. It stipulates the rights, obligations, and responsibilities of both parties involved. By signing this agreement, the sub-tenant acknowledges and agrees to abide by the terms and conditions set forth by the primary tenant. These key elements are generally included in an Indiana Agreement of Sub-Tenant and Waiver of Liability: 1. Identifying Information: The agreement should clearly identify the primary tenant and sub-tenant, including their legal names, addresses, and contact information. 2. Premises Description: A detailed description of the premises being sublet must be included, such as the physical address, unit number, and any specific areas or amenities allocated to the sub-tenant. 3. Lease Term: The agreement should specify the duration of the sub-lease, including the start and end dates. This can be for a fixed period or on a month-to-month basis. 4. Rent and Security Deposit: It is important to mention the agreed-upon rental amount payable by the sub-tenant, along with any applicable taxes or additional fees. The agreement should also mention the security deposit amount and any conditions for its return. 5. Sub-Landlord's Responsibilities: This section outlines the primary tenant's obligations towards the sub-tenant, which may include maintenance, repairs, and providing necessary utilities. 6. Sub-Tenant's Responsibilities: The agreement should clearly spell out the sub-tenant's responsibilities, such as timely rent payments, proper use of the premises, adherence to any rules or regulations, and avoiding illegal activities. 7. Waiver of Liability: This clause addresses the primary tenant's liability for any damages or injuries that occur on the premises during the sub-lease term. Sub-tenants typically agree to release the primary tenant from any liability claims arising from their use of the premises. Types of Indiana Agreements of Sub-Tenant and Waiver of Liability in Favor of Tenant: 1. Residential Sub-Lease Agreement: This type of agreement is used when the primary tenant wants to sublet a residential property to a sub-tenant, such as an apartment, house, or condominium. 2. Commercial Sub-Lease Agreement: When a primary tenant wants to sublet commercial or retail space to another individual or business, a commercial sub-lease agreement is used. This can be a great option for businesses looking to share space or downsize. It is important to note that these are general guidelines, and seeking legal advice or using a reputable template is highly recommended ensuring compliance with Indiana state laws and individual circumstances.
