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1. Parties: Identification of the main parties: Sub-lessor (current tenant), Sub-lessee, and acknowledgment of the Superior Landlord
2. Background: Context of the sublease, including reference to the master lease and confirmation of authority to sublease
3. Definitions: Key terms used throughout the agreement, including Property, Term, Permitted Use, and Rent
4. Grant of Sublease: Formal grant of the sublease and specification of the subleased premises
5. Term: Duration of the sublease, including start and end dates, ensuring it falls within the master lease period
6. Rent and Payment Terms: Rent amount, payment schedule, security deposit, and method of payment
7. Service Charges and Utilities: Responsibility for utility payments, service charges, and maintenance costs
8. Use of Premises: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities for maintaining and repairing the property
10. Sub-lessee's Covenants: Sub-lessee's obligations including compliance with master lease terms
11. Sub-lessor's Covenants: Sub-lessor's obligations and warranties
12. Insurance: Required insurance coverage and responsibilities
13. Assignment and Further Subletting: Restrictions on further assignment or subletting
14. Termination: Grounds for termination and procedures
15. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction
16. Notices: Method and addresses for formal communications
17. Execution: Signature blocks and execution requirements
1. Fit-out Works: Include when the sub-lessee is permitted to make alterations or improvements
2. Break Clause: Include when early termination options are allowed
3. Share of Common Areas: Include for commercial properties with shared facilities
4. Property Management: Include when specific management arrangements are needed
5. VAT and Taxes: Include when VAT applies to the rental payments
6. Operating Hours: Include for commercial properties with specific operating restrictions
7. Parking: Include when parking spaces are part of the sublease
8. Force Majeure: Include when specific provisions for unforeseen circumstances are required
1. Schedule 1 - Property Description: Detailed description of the subleased premises including floor plans
2. Schedule 2 - Master Lease: Copy or relevant excerpts of the master lease agreement
3. Schedule 3 - Rent Schedule: Detailed breakdown of rent payments and due dates
4. Schedule 4 - Condition Report: Documentation of property condition at commencement
5. Schedule 5 - House Rules: Building rules and regulations if applicable
6. Schedule 6 - Fit-out Guidelines: Technical specifications for any permitted alterations
7. Appendix A - Superior Landlord's Consent: Written consent from the superior landlord for the sublease
8. Appendix B - Service Charge Schedule: Breakdown of service charges and payment terms
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Co-working Spaces
Manufacturing
Logistics
Warehousing
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Real Estate
Facilities Management
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Finance
Compliance
Risk Management
Administrative Services
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Property Manager
Real Estate Manager
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