King Washington Sample Corporate Sublease

• Category: Corporations - Public
• State: Multi-State
• County: King
• Control #: US-EG-9165
• Format: Word; Rich Text

Description

Sublease Agreement between XL Vision, Inc. and eMerge Interactive, Inc. dated December 1, 1999. 4 pages King Washington Sample Corporate Sublease is a legally binding contract that allows a tenant (known as the sublessor) who is already leasing a commercial property, to further lease a portion or the entirety of the property to another party (known as the sublessee). This sublease agreement is designed to cater specifically to corporate entities looking for temporary office space or seeking to sublet their existing leased property due to various reasons such as downsizing, relocation, or financial constraints. The King Washington Sample Corporate Sublease provides a comprehensive framework to protect the rights and obligations of both the sublessor and the sublessee. It outlines the terms and conditions of the sublease, including rental payments, sublease period, maintenance responsibilities, and any restrictions or terms agreed upon. Keywords: King Washington Sample Corporate Sublease agreement, sublessor, sublessee, commercial property, office space, temporary lease, downsizing, relocation, rights and obligations, rental payments, sublease period, maintenance responsibilities, restrictions. Different types of King Washington Sample Corporate Sublease agreements may include: 1. Partial Sublease: In this type of sublease, the sublessor provides a portion of their leased property to the sublessee. This allows the sublessor to utilize the remaining space while generating additional income from the sublessee. 2. Full Sublease: A full sublease involves the sublessor transferring their entire leased property to the sublessee. This type of sublease is common when the sublessor is vacating the premises but still held responsible for the primary lease. 3. Assignable Sublease: An assignable sublease permits the sublessee to further assign or transfer their rights and obligations under the sublease to another party with the consent of the sublessor. 4. Fixed Term Sublease: This sublease type has a predetermined duration, typically matching the remaining lease term of the sublessor's primary lease. The sublessee must vacate the premises at the end of the fixed term. 5. Month-to-Month Sublease: In this flexible sublease arrangement, the sublessee occupies the property on a month-to-month basis. Either party has the option to terminate the sublease with proper notice. 6. Subletting with Landlord's Consent: Some sublease agreements require the sublessor to obtain the landlord's approval before entering into a sublease. This type of sublease ensures that the landlord is aware of and consents to the arrangement. Keywords: Partial Sublease, Full Sublease, Assignable Sublease, Fixed Term Sublease, Month-to-Month Sublease, Subletting with Landlord's Consent, sublet agreement types.

King Washington Sample Corporate Sublease is a legally binding contract that allows a tenant (known as the sublessor) who is already leasing a commercial property, to further lease a portion or the entirety of the property to another party (known as the sublessee). This sublease agreement is designed to cater specifically to corporate entities looking for temporary office space or seeking to sublet their existing leased property due to various reasons such as downsizing, relocation, or financial constraints. The King Washington Sample Corporate Sublease provides a comprehensive framework to protect the rights and obligations of both the sublessor and the sublessee. It outlines the terms and conditions of the sublease, including rental payments, sublease period, maintenance responsibilities, and any restrictions or terms agreed upon. Keywords: King Washington Sample Corporate Sublease agreement, sublessor, sublessee, commercial property, office space, temporary lease, downsizing, relocation, rights and obligations, rental payments, sublease period, maintenance responsibilities, restrictions. Different types of King Washington Sample Corporate Sublease agreements may include: 1. Partial Sublease: In this type of sublease, the sublessor provides a portion of their leased property to the sublessee. This allows the sublessor to utilize the remaining space while generating additional income from the sublessee. 2. Full Sublease: A full sublease involves the sublessor transferring their entire leased property to the sublessee. This type of sublease is common when the sublessor is vacating the premises but still held responsible for the primary lease. 3. Assignable Sublease: An assignable sublease permits the sublessee to further assign or transfer their rights and obligations under the sublease to another party with the consent of the sublessor. 4. Fixed Term Sublease: This sublease type has a predetermined duration, typically matching the remaining lease term of the sublessor's primary lease. The sublessee must vacate the premises at the end of the fixed term. 5. Month-to-Month Sublease: In this flexible sublease arrangement, the sublessee occupies the property on a month-to-month basis. Either party has the option to terminate the sublease with proper notice. 6. Subletting with Landlord's Consent: Some sublease agreements require the sublessor to obtain the landlord's approval before entering into a sublease. This type of sublease ensures that the landlord is aware of and consents to the arrangement. Keywords: Partial Sublease, Full Sublease, Assignable Sublease, Fixed Term Sublease, Month-to-Month Sublease, Subletting with Landlord's Consent, sublet agreement types.