Anyone any comments on the agreement laid out here?
1. Date and Parties
This agreement, dated , 2009, is between ..........., hereafter called Tenant,
and ............................, hereafter called Subtenant.
2. Rent
The Subtenant agrees to pay rent........ totaling for this sublease. This amount should be paid in equal monthly installments of to be paid on or before the day of each month.
3. Notice Period
The Subtenant will give 1 months notice to tenant. If notice period is not fulfilled the tenant has the right to use the subtenants deposit to pay for the remainder of rent and any outstanding bills due.
4. Deposit
The subtenant has the right to return of deposit providing all rent and bills are paid todate and the property / room is returned in the same condition when first moved in.
5. Property of Tenant
The following furniture, appliances, or other items belonging to the Tenant are permitted for use by the Subtenant. Subtenant is expected to return these at the end of the sublease term in essentially the same condition as they were in the beginning, taking into account normal wear and tear. If the Subtenant or his guests are responsible for damages to any or these, or if they are not returned, the tenant has the right to take compensation for such damages from the security deposit, and to take any further legal actions necessary.
6. Signatures
The following undersigned have agreed to be legally bound by this agreement.
TENANT(S):
SUBTENANT(S):