Get the free INCOME SUB-LEASE AGREEMENT - da ks

State of Kansas. Contract ID #. DA-46.1 (05/10). Department of Administration. Division of Facilities Management. Page 1 of 3. INCOME SUB-LEASE ...

How to fill out income sub-lease agreement

How to fill out an income sub-lease agreement:

1. Start by reviewing the entire sub-lease agreement document to understand its terms and conditions thoroughly.
2. Begin by entering the date at the top of the agreement. Make sure to write the full date including the day, month, and year.
3. Identify the parties involved in the sub-lease agreement. This typically includes the landlord, the original tenant (sublessor), and the new tenant (sublessee). Ensure that you provide their full names and contact information.
4. Specify the property being sub-leased. Include the complete address of the rental property.
5. State the term of the sub-lease agreement. Indicate the start and end dates of the sub-lease period. Include any specific terms regarding the renewal or termination of the agreement if applicable.
6. Clearly mention the amount of rent the sublessee is obligated to pay. Include the due date and accepted payment methods. Outline any consequences for late payment or bounced checks, if relevant.
7. Outline the responsibilities of the sublessee. Mention any limitations on property use or restrictions imposed by the original lease agreement.
8. Include a clause for security deposit and mention the amount to be paid by the sublessee. Clearly state the conditions under which the deposit is refundable or non-refundable.
9. Specify any utilities or services the sublessee is responsible for. This may include electricity, water, internet, or maintenance.
10. Include a section for additional terms and conditions. Here, you can add any specific rules or regulations that both parties must adhere to during the sub-lease period.
11. Provide space for signatures and dates for all parties involved. Ensure that each party signs and dates the agreement to indicate their acceptance and understanding of the terms.
12. Keep copies of the fully executed sub-lease agreement for all parties involved. It is important to have a record of the signed agreement for future reference.

Who needs an income sub-lease agreement?

1. Landlords who allow their tenants to sub-lease the rental property to another party.
2. Tenants who are themselves subleasing the property to someone else.
3. Individuals who wish to rent part of their property to others while they still occupy the premises.

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