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With the sublease clause, the tenant transfers property rights to a subtenant while maintaining liability over the property. This means that if the subtenant doesn't pay their rent, you may be the one responsible for those payments, or you'll be found in default.
Yes, subletting is legal in New Hampshire; however, if the lease agreement contains provisions prohibiting subleasing, then tenants will not be allowed to sublet the rental unit. Any sublease agreement should include provisions that address rent payments and who to contact with issues about the rental unit.
Landlord's consent Unless the lease says otherwise, the landlord will have an absolute right to refuse consent and need not give reasons for its refusal. However, most commercial leases will provide that the landlord's consent is not to be unreasonably withheld.
When renting accommodation many tenants rent directly from a landlord who owns the property. However, it's also possible to rent from another tenant who has rented the property from the owner. This is called subletting. Most tenants need their landlord's permission before they can sublet all or part of their home.
Subletting with the landlord's permission is permitted in India. If the agreement allows it, the tenant may sublet a portion of the property to a third party. Subleasing occurs when a tenant whose name appears on the lease rents a room, a piece of the property, or the entire property to another (or subletting).
Sublet agreements are legally binding if they comply with the basic rules of contract: there must be an offer, a joint exchange of promises, acceptance and the intention for both parties to be legally bound.
Landlord, by consenting to the Sublease agrees that until the earlier of (a) the occurrence of a default in the performance of Tenant's obligations under the Lease which remains uncured beyond any applicable notice and cure period, or (b) the occurrence of a Recurring Rent Default (defined below), Tenant may receive, ...
No subletting clause samples 04. No Subletting. Lessee shall not sublet any or all of the Properties without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned or delayed.