Sometimes, when rent becomes a significant financial burden, some tenants choose to enter into a sublease agreement and take care of sub-tenants. This document, which has legal status in the State of Illinois, effectively binds the tenant to a subtenant who has the same rights and obligations as those granted by the original lessor. It is important to understand that the new sublease has nothing more than what was stipulated in the original lease. In many cases, the subtenant is required to pay the tenant the agreed portion of the rent, which is then paid to the owner of the property. In addition, the cost of incidentals can be paid in the same way. It is important to understand that this subletting is not between the subtenant and the owner. It is only considered a legal agreement between the tenant and his subtenant. As a result, it is often seen as a somewhat unstable arrangement for those who sublet on the ground. For example, the original tenant may choose to move elsewhere without having to break the original lease, which can result in penalties. It is important to note that not all real estate allows for this type of agreement, so it is a good idea to discuss with the owner or management company before drafting a sublease agreement. This agreement consists of subletting real estate under the conditions indicated below. The subtenant agrees with the subtenant and the subtenant agrees to use the premises described below. Beide Parteien verpflichten sich, die unten aufgeführten Zusagen, Bedingungen und Vereinbarungen einzuhalten, zu erfüllen und zu erfüllen: 1.
UNTERZAHLER: Der UnterzaHLER: Der Untergeber ist: __ UNTERTENANT: Der Untertenant ist: __ RÄUMLICHKEITEN: Der Standort der Räumlichkeiten ist: ___________ These obligations are defined by the agreement between these two parties, which is then described and documented in the form of the contract itself. While this is only a contract between a subtenant and a subtenant (the landlord/lessor does not have a contract with the subtenant), it is necessary to document such an agreement, as it covers the precise terms agreed upon when these two parties decided to enter into a landlord/tenant relationship. When setting up an sub-rent, it is important to precisely define the area that the subtenant has access to during his dwelling. This can be done by means of percentages or, for arrangements in which the subtenant must be the sole occupant, a control box can be added to indicate that the entire rent is available for use by the subtenant. Unlike a standard lease agreement, the names of the main parties, which include the subtenant and subtenant, must be placed first on the document….