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Deed Of Sublease
"I need a Deed of Sublease for subletting three floors of my leased office building in Berlin to a tech startup, commencing March 1, 2025, with specific provisions for shared facilities and IT infrastructure modifications."
1. Parties: Identification of the head tenant (sublessor) and subtenant (sublessee), including full legal names, addresses, and registration details if applicable
2. Background: Context of the sublease, including reference to the head lease and confirmation of permission to sublease
3. Definitions: Definitions of key terms used throughout the deed, including Property, Term, Head Lease, Permitted Use, etc.
4. Grant of Sublease: Formal grant of the sublease, specifying the property being subleased and any reserved rights
5. Term and Possession: Duration of the sublease, commencement date, and conditions for possession
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and rent review provisions
7. Operating Costs and Utilities: Distribution of operating costs and utilities between parties as per BetrKV regulations
8. Use of Property: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements
10. Sublessee Obligations: Key obligations and covenants of the sublessee
11. Sublessor Obligations: Key obligations and covenants of the sublessor
12. Insurance: Insurance requirements for both parties
13. Assignment and Further Subletting: Restrictions on assignment and further subletting
14. Termination: Grounds for termination and notice requirements
15. Return of Property: Conditions for returning the property at the end of the sublease
16. Notarization Statement: Required notarization text as per German law
17. Execution: Formal execution provisions including date and signatures
1. Security Deposit: Terms for security deposit if required - optional if other security arrangements are made
2. Alterations and Improvements: Provisions for making changes to the property - needed if alterations are contemplated
3. Parking: Parking rights and restrictions - only needed if parking is included
4. Shared Facilities: Rules for shared facilities - only needed in multi-tenant properties
5. Break Clause: Early termination provisions - optional flexibility mechanism
6. Force Majeure: Provisions for extraordinary circumstances - recommended but not mandatory
7. Environmental Matters: Special environmental obligations - needed for properties with specific environmental concerns
8. Energy Performance: Special provisions regarding energy efficiency - needed for properties requiring specific energy standards
1. Schedule 1 - Property Description: Detailed description of the subleased property including floor plans and measurements
2. Schedule 2 - Head Lease: Copy or relevant excerpts of the head lease
3. Schedule 3 - Inventory: List of fixtures, fittings, and furniture included in the sublease
4. Schedule 4 - Operating Costs Breakdown: Detailed breakdown of operating costs and allocation between parties
5. Schedule 5 - House Rules: Building or property rules and regulations
6. Schedule 6 - Handover Protocol: Template for recording property condition at start and end of sublease
7. Appendix A - Energy Performance Certificate: Mandatory energy performance certificate as per German law
8. Appendix B - Sublease Consent: Written consent from head landlord for the sublease
Authors
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial
Hospitality
Education
Healthcare
Coworking Spaces
Manufacturing
Warehousing
Technology Parks
Legal
Real Estate
Operations
Facilities Management
Asset Management
Property Management
Compliance
Risk Management
Corporate Services
Administration
Property Manager
Real Estate Manager
Facility Manager
Legal Counsel
Corporate Lawyer
Lease Administrator
Asset Manager
Commercial Property Manager
Operations Director
Real Estate Director
Compliance Officer
Contract Manager
Business Development Manager
Property Portfolio Manager
Real Estate Consultant
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