New York Commercial Sublease Agreement

New York commercial tenants, sublet all or part of your space to a subtenant with this Commercial Sublease Agreement for office, retail shopping or other business premises.

• The subtenant must pay a security deposit to the original tenant.
• The subtenant pays rent to the tenant, who in turn pays the landlord.
• The original tenant must still perform its obligations under the head lease.
• The original tenant assigns its interest in the sublease to the landlord.
• The original tenant directs the subtenant to pay rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.

This New York Commercial Sublease Agreement is available in MS Word format, and is fully editable to fit your needs.