Residential Sublease Agreement

The Residential Sublease Agreement is a document by which a tenant transfers the residential or home lease to another. A Residential Lease is a contract by which the landlord grants the tenant the right to use their home or apartment to live. However, the tenant may transfer the entire or a portion of the residential lease to another person, known as the sublease, who will pay rent to the tenant. In this agreement, the tenant may choose to either rent:

• The entire rental property. In this case, the tenant will vacate the rental property for the subtenant, and the subtenant will pay rent to the tenant; or

• A portion of a property. For example, if the tenant occupies a two-bedroom apartment and decides to rent one of the bedrooms to the subtenant, the tenant is leasing only a portion of the property. In this case, the tenant may continue using the other bedroom that is not rented to the subtenant.

Note that a tenant can only sublet their lease if the original lease permits or the landlord consents to the sublease. In a sublease, the tenant will continue paying rent to the landlord and to ensure the subtenant's compliance with the terms of the original lease. Also note that this document cannot be used to sublet or transfer a Commercial Lease (rental property designed for business purposes); rather a tenant should use the Commercial Sublease Agreement to transfer their office leases.

How to use this document

This document requires specific information, such as:

• the name and address of the tenant;

• the name and address of the subtenant;

• description of the subleased premises,

• information about the rent payment, including rent amount, frequency of payment;

• and whether a deposit is required.

After completing this document, the document should be printed and signed the tenant and subtenant. Each party should keep one of the signed documents for their record.

Applicable laws

The Tenancy laws of Lagos State apply to rental properties in Lagos. Also, depending on the location of the rental property, the tenant laws of other states in Nigeria are applicable to this document.

How to modify the template

You fill out a form. The document is created before your eyes as you respond to the questions.

At the end, you receive it in Word and PDF formats. You can modify it and reuse it.