Commercial Sublease Termination Agreement Template

COMMERCIAL SUBLEASE TERMINATION AGREEMENT TEMPLATE FAQ

What is a commercial sublease termination agreement?

A Commercial Sublease Termination Agreement is a written agreement between a sublandlord (original tenant) and a subtenant to end a sublease early or confirm the sublease will end on a certain date. It clarifies the termination date, surrender conditions, final rent, and any releases.

Does terminating a sublease affect the prime lease?

Usually no. The prime lease between landlord and tenant stays in effect. The tenant/sublandlord remains responsible to the landlord unless the landlord agrees otherwise. This template includes a clause confirming the prime lease is unchanged.

What should be included?

Include: sublease reference, termination date, rent proration, security deposit handling, condition of the premises, return of keys, removal of personal property, releases, and optional landlord acknowledgment if required.

Do you need landlord consent to terminate a sublease?

It depends on the prime lease and the sublease terms. Some landlords require notice or approval. This template includes an optional landlord acknowledgment block.

What happens to the security deposit?

The parties can agree to return it, apply it to outstanding amounts, or retain it for damages. This template includes a clear deposit section with options.

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