A commercial sublease is when a business subleases their leased premises to another party. A Commercial Sublease Agreement should therefore cover the terms of the relationship between the existing tenant and the incoming sub-tenant, including details around the consent of the head landlord, payment of rent, lease expiration, security deposit and other key terms.

A Commercial Sublease Agreement covers some important details around the parties involved in a sublease, from payment of rent to the lease expiration. A legal review will highlight key issues and risks for your business so that your negotiating position is the best one for you.

This package costs $1400 + GST. It includes a review of the commercial sublease and heads of agreement, a high level review of the provisions in the Head Lease to ensure compliance, phone consultations with our legal team and a written list of changes to be requested from the other party.

We offer a range of corporate and commercial legal services including business set up, online terms and conditions, general commercial contracts, employment agreements, commercial lease reviews and intellectual property protection.

NZ Legal is one of New Zealand’s leading property law practices. With significant experience in leasing transactions for for both landlords and tenants, our Founding Director Adam Siddall has a passion for helping clients achieve commercially focused outcomes.