Residential Sublet Quote

RESIDENTIAL SUBLET QUOTE

Quote Number:     Date of Quote:     Expiration Date:

Parties

Property

Term & Possession

Proposed Sublet Term: From through .

Possession Date: . Anticipated Move-Out Date:

Financial Terms

Holding Deposit Due By: . If accepted, deposit will be applied to Security Deposit or first month rent as agreed below.

Rent Due Date Each Month: . Late Fee: after days late.

Acceptable Payment Methods: Electronic Transfer Check Other

Utilities & Furnishings

Utilities Included: Yes No

If utilities not included, Sublessee responsible for:

Furnished: Yes No

Inspections & Condition

Move-in Inspection Report Required: Yes No

Disclosures

Lead-Based Paint (if property built before 1978): Yes No

Known Mold or Moisture Conditions: Yes No

Prior Structural or Water Damage Reported: Yes No

Contingencies & Conditions

This Quote is conditioned upon Landlord Consent. Landlord Consent Required: Yes

Background/Credit Screening Required: Yes Credit Check

Sublessee Required to Maintain Renters Insurance: Yes Policy Minimum Liability Limit:

Default, Remedies & Legal Provisions

If Sublessee fails to pay rent or otherwise breaches a material term, Sublessor may terminate the sublet in accordance with the cure period set forth in the underlying lease and applicable law. Cure period in days: . Sublessor shall make reasonable efforts to mitigate damages in the event of default.

Sublessee acknowledges that the sublet is subordinate to the master lease. Sublessee agrees to comply with all terms of the master lease and to indemnify and hold harmless Sublessor from liability arising from Sublessee's acts or omissions, except to the extent caused by Sublessor's gross negligence or willful misconduct.

This Quote constitutes the complete statement of the proposed sublet terms between the parties. It is an offer that, if accepted in writing by Sublessor and Sublessee and upon satisfaction of contingencies, will form a binding Sublet Agreement incorporating these terms. Governing Law: .

Acceptance

To accept this Quote, Sublessee must sign below and return a signed copy to Sublessor prior to the Expiration Date. Acceptance is further conditioned upon delivery of any required holding deposit and Landlord Consent. Acceptance Deadline: .

By signing, the parties acknowledge that they have read and understand this Quote and intend that the signatures below constitute acceptance of these terms subject to stated contingencies.

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