North Dakota Sublease Agreement

State:
Multi-State
Control #:
US-OL3003
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This office lease agreement describes the terms, covenants and conditions of the landlord's, sublessee's and sublessor's part to be performed in this agreement.

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FAQ

A sublease clause is a provision in a lease agreement that allows the tenant to rent out all or part of the leased property to another person. This can be useful if the tenant wants to reduce their rental expenses or if they need to vacate the space before the end of their lease term.

North Dakota statutes do not prohibit subletting, but the original tenant's lease may. Your lease may have a clause that states whether the landlord will allow you to sublease their property.

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.

Introduction. A sublease is a process of renting out a property to a third party by a tenant for a time period of the lease contract of the existing tenant. Lease contracts are contracts between a tenant and the owner of the property.

A North Dakota month-to-month rental agreement is a lease that continues with no end date until either the landlord or tenant decides to terminate by giving thirty (30) days' notice.

This clause prohibits the tenant from assigning or subletting all or any portion of its space without the consent of the landlord, which can be withheld by the landlord for any or no reason.

Sublessee agrees that no amendment or modification of the Sublease shall be valid or enforceable unless and until the Lessor has specifically consented to such amendment or modification in writing, in each and every instance. Consent to Sublease.

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North Dakota Sublease Agreement