Arkansas Commercial Sublease Agreement

Sublet all or part of your leased business space to a subtenant with this Arkansas Commercial Sublease Agreement for office or retail premises.

The Arkansas Commercial Sublease Agreement is designed for tenants who wish to sublet all or a portion of their leased business space, whether for office or retail use, to another party (the subtenant). This agreement is intended for use exclusively within the State of Arkansas.

Security Deposit Requirements

Under this arrangement, the subtenant is required to pay a security deposit to the original tenant. This deposit serves as financial assurance for the original tenant, addressing potential damages or unpaid dues under the sublease.

Rent Payment Structure

The subtenant pays rent directly to the original tenant. The original tenant, in turn, remains responsible for making rent payments to the landlord according to the terms of the head lease.

Obligations of the Original Tenant

Even after entering into a sublease agreement, the original tenant must continue to perform all obligations set forth in the head lease. The original tenant’s responsibilities under the lease do not transfer to the subtenant.

Assignment of Sublease Interest

The original tenant assigns its interest in the sublease agreement to the landlord, providing an added layer of protection for the landlord’s interests.

Default Provisions

If the original tenant defaults on any obligations under the head lease, the tenant may instruct the subtenant to pay rent directly to the landlord rather than to the tenant.

Format and Customization

The Arkansas Commercial Sublease Agreement is available in Microsoft Word format. It is fully editable, allowing users to tailor the document to their specific needs and circumstances.