How does subleasing work in NYC?

You sign a sublease when you're subletting. That sub-lease is where you'll find all the details on what you do and don't have rights to as the tenant, says Luise. One thing's for sure: The landlord is obligated to ensure the appliances work and that the heat and hot water is operational, as with any rental apartment.

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Sublease Agreement for Medical Office Space

Queens New York Sublease Agreement for Medical Office Space

Name: Queens New York Sublease Agreement for Medical Office Space
Brand: US Legal Forms
Rating: 4.61 (483 reviews)

Category:

Leases - Commercial Subleases

State:

Multi-State

County:

Queens

Control #:

US-02046BG-2

Format:

Instant download

Description

The agreement by which one party holds possession of the real property owned by another is a lease. The person who owns the real property is known as the lessor or landlord.

How to fill out Queens New York Sublease Agreement For Medical Office Space?

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FAQ

Is it legal to sublease in NYC? The short answer is: yes, it is legal to sublease in NYC. Under the New York City sublease laws, tenants renting in a building with four or more units have the right to sublet their apartment.

Subletting is legal in NYC. However, there are certain restrictions to navigate before you put ads on Craigslist. For example, you can only sublet your NYC apartment if the building has four or more units. Additionally, some tough restrictions make it difficult to sublease to a short-term resident.

A sublease is a legally binding contract made between a tenant and a new tenant (also known as a subtenant or a sublessee).

How to Sublet an Apartment (7 steps) Step 1 Find the Original Lease. Step 2 Determine the Monthly Rent. Step 3 List the Property. Step 4 Show the Property. Step 5 Screen the SubLessee. Step 6 Add Disclosures and Addendums. Step 7 Sign the Sublease.

You sign a sublease when you're subletting. That sub-lease is where you'll find all the details on what you do and don't have rights to as the tenant, says Luise. One thing's for sure: The landlord is obligated to ensure the appliances work and that the heat and hot water is operational, as with any rental apartment.

Under the law a landlord cannot unreasonably withhold the right to sublet. However, the landlord can refuse to sublet with good reason. For instance, if the proposed tenant has a poor credit history, is unemployed, etc. the landlord could refuse to sublet.

If you have a lease, the sublet agreement must end before the end of the lease. You can charge the subtenant rent, but it cannot be more than the amount your landlord charges you.

The Supreme Court further stated, Subletting, assigning or otherwise parting with the possession of the whole or any part of the tenancy premises, without obtaining the consent in writing of the landlord, is not permitted and if done, the same provides a ground for eviction of the tenant by the landlord.

If the terms are reasonable and the landlord agrees, the tenant will need to provide a 7 days' notice to move out. If the landlord refuses to give their consent or ignores the request, then the tenant can end the lease in 30 days from the date of their request to the landlord.

Subletting as the Original Tenant Confirm That a Sublease is the Best Choice. Subleasing isn't a passive arrangement.Examine Your Lease Agreement.Notify Your Landlord.Find a Reliable Tenant.Complete the Sublease.Assess the Property.Review the Original Lease Terms.Negotiate Your Sublease Price and Terms.

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Step 6 – End of the Lease Term — A commercial sublease is the act of a tenant re-renting space they currently lease to a subtenant. Many tenants who sign a lease for their apartment or rental unit plan to stay for the full amount of time required in the lease, such as one year.EX-10.1 3 rrd127614_15604. Htm LEASE AGREEMENT DATED AS OF AUGUST 9, 2006, BETWEEN HORIZON MENTAL HEALTH MANAGEMENT, INC. Businesses have many reasons to explore subleasing their office space. Rosenberg and landlord Steinway Holding Corp. First inked a lease in 2014 for two New York City retail properties in Astoria, Queens. Reach us at (855) 999-7786 (TTY enabled), or fill out the form below.

The lease covers the entire 10-unit office space the company leases from Manhattan office firm Johnson F. Settling, Inc. The space had been under-utilized, with a number of employees remaining and the lease term at two years. It was decided to sublease the space to a single tenant for a new two-year term, extending to January 3, 2017, and a full two years in length. While the tenant has the option to renew the lease to January 3, 2018, if not, the tenant will own the entire space up through January 3, 2020. It is anticipated that the use of the space will increase substantially on the first day of occupancy in 2020. EX-10.1 3 rrd133616_15604. Him LEASE AGREEMENT DATED AS OF AUGUST 9, 2006, BETWEEN HORIZON MENTAL HEALTH MANAGEMENT, INC., NEW YORK OFFICE STORE, INC. and JOHNSON FREDERICK SETTLING, INC. (Exhibit 3-3), filed August 9, 2006 (Doc. No. 13C-7). EXAMPLE EX-10.1 3 rrd133616_15604. Him LEASE AGREEMENT DATED AS OF AUGUST 9, 2006, BETWEEN HORIZON MENTAL HEALTH MANAGEMENT, INC.

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Queens New York Sublease Agreement for Medical Office Space

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What is a sublease agreement for medical office space?

Why would I need a sublease agreement for my medical office space in Queens?

Do I need permission from my landlord to sublease my medical office space in Queens?

What should be included in a sublease agreement for medical office space?

Can I make modifications to the medical office space during the sublease period?

Who is responsible for paying rent during the sublease period?

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