Master Lease Reference
Cite the original lease date, parties, and section references so reviewers can verify whether subletting is permitted and what consent processes and limitations apply under the master lease.
A written Sublease Review Agreement reduces ambiguity, protects landlord and tenant rights, and documents consent or conditions required by the master lease. It clarifies financial and operational responsibilities and provides evidence of agreed changes if disputes arise.
The Sublease Review Agreement is commonly completed by parties to the proposed sublease and by representatives who manage lease compliance, such as property managers or legal counsel.
Final execution should follow any required landlord consent and internal approvals; keep signed copies with the master lease and tenant files.
A tenant or tenant representative authorized under the master lease to negotiate subleases. This party confirms the sublease terms align with the master lease and typically signs to accept its obligations and to request landlord consent if required.
The incoming occupant or entity taking rights under the sublease. The subtenant signs to accept specified term, rent, utilities, insurance, and maintenance obligations and to acknowledge any conditions imposed by the master landlord.
Cite the original lease date, parties, and section references so reviewers can verify whether subletting is permitted and what consent processes and limitations apply under the master lease.
State whether landlord consent is required, whether it has been obtained, and include any conditional approvals or documentation the landlord mandates before occupancy is permitted.
Specify the sublease start and end dates, renewal options, and rent amount, payment dates, and any escalation clauses, noting deviations from the master lease terms and who collects rent.
Record any security deposit amount, handling procedures, and conditions for return, and specify whether the primary tenant or landlord holds and enforces deposit terms.
Define insurance coverage required of the subtenant, minimum limits, additional insured status if required, and indemnity provisions to allocate risk between parties.
Clarify responsibility for repairs, maintenance obligations, permitted alterations, and access rights for landlord inspections, repairs, or emergency entry.
| Field | Configuration |
|---|---|
| Sender | Primary tenant or property manager starts the workflow |
| Signer Order | Tenant -> Landlord (if required) -> Subtenant |
| Authentication | Email link or SMS code; stronger KBA if required |
| Conditional Fields | Show landlord consent checkbox only when master lease requires approval |
Use file formats and integrations that preserve the agreement text and attachments, and ensure secure transmission and storage.
Configure audit trails, retention policies, and shared folders (Box, Google Drive, or enterprise ECM) so executed agreements are discoverable and protected.
| Criteria | Sublease | Assignment | Lease Amendment |
|---|---|---|---|
| Use case | temporary occupancy | transfer full interest | modify terms |
| Consent required | often yes | usually yes | sometimes required |
| New party liability | original tenant remains liable | new party liable | original remains liable |
| Formal recording | rare | rare | possible for important changes |
Provide to landlord as soon as sublease terms are settled
Follow master lease for any specified response period
Sign by the date that secures intended occupancy
Store executed agreement immediately after signatures
Report income or changes per IRS timelines when applicable
Populate agreement fields and attach master lease excerpts.
Tenant legal or property manager verifies terms and risks.
Landlord reviews, provides approval or conditions in writing.
All parties sign and executed copies are distributed and archived.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
A small portfolio landlord needed formal consent records to avoid tenant disputes
A tenant proposed short-term subleases across multiple suites