Landlord & Tenant
- Real Estate
- Landlord & Tenant
11 Sublease
When a landlord and tenant are under a lease contract, tenant may desire to sublet to a third party. Thereby transferring all rights and obligations of tenant (who becomes sublessor) to the sublessee. Depending on the jurisdiction, a fiduciary relationship will remain between landlord and original tenant as well as being created between sublessor and sublessee and created between landlord and sublessee.
Use this document to create a sublease to be entered into between an original tenant (sublessor) and new tenant (sublessee).
FREE
12 Memorandum of Lease
A memorandum of a lease document is typically a one-page summary of an ordinary lease agreement between a landlord and tenant. The purpose of the document is to record or memorialize a minimum amount of lease terms. For example, the names and addresses of the parties will be included, but not the rental rate or other unnecessary provisions.
Use this document to publicly record the existence of a real estate lease but leave unnecessary provisions off of the public record.
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13 Tenant Notice of Invoking Option
A lease agreement between a landlord and tenant may contain an option for the tenant to renew the lease upon expiration. The agreement usually requires a certain amount of notice that the tenant must give the landlord of his or her intention to renew. Within the time requirements, tenant will need to inform the landlord of the intention to renew in writing.
Use this document to inform landlord of your intention to invoke the option to renew your lease.
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