What is a ground sublease?
What is a ground sublease?
Ground Sublease means that certain Ground Sublease, dated as of the Documentation Date, between the Ground Lessee, as landlord, and Lessor, as tenant, in respect of the Land, as the same may be amended in accordance with the terms thereof.
What should be included in a sublease agreement?
On your sublease agreement, include a list of various areas of the property (including the subtenant’s room, hardwood floors, walls, exterior, etc.) and note its condition. And since you and your subtenant will need to abide by the original lease that you signed, it’s important to include this with your sublease.
Can you sublease a rental property?
Subletting a room, or perhaps a garage or a studio, is perfectly legal. If you still intend to live there and you have informed your landlord, so long as you’re not moving in a bunch of itinerant workers or an entire family, your landlord cannot withhold his or her consent.
When to use a sublease on a lease?
A sublease applies when the original tenant wants to lease a large portion of the property in question, such as in renting a room and/or living space to a third party. A sublease also applies when the original tenant wants to lease the entire property to a third party.
What are the responsibilities of a ground lease?
Ground leases will contain the usual sets of responsibilities common to any lease, such as payment of rent by lessee and tender of possession by lessor. However, there are some features that tend to be unique to ground leases.
Can a landlord use a sublease consent form?
The Sublease consent form allows a tenant that is subject to a lease, that forbids subletting, to allow them to rent the property to another individual. Even though the tenant will be fully responsible for any sub-lessee that is brought into the premises, the landlord can make requirements,…
Can a tenant sublease an apartment in California?
Unlike other states, subletting in California is at the discretion of the landlord and is often addressed in the original lease. If the original lease states that subletting is not permitted, it is unlikely that the landlord will provide consent. If a tenant decides to ask for consent to sublease their unit, they should do so by certified mail.