Sublease Agreement Template

This Sublease Agreement is made on between Jordan Lee ("Sublessor"), of 120 Market Street, Denver, CO 80202, and Chris Patel ("Subtenant").

1. 1. Premises. Sublessor rents to Subtenant the residential property located at 1450 Maple Avenue, Apt 3B, Denver, CO 80205 (the "Premises"), to be used only as a private residence.
2. 2. Original lease. Sublessor is the tenant under an original lease with Greenview Properties LLC (the "Original Landlord"). This Sublease is subject to all terms of the original lease, which Subtenant agrees to follow. Sublessor remains responsible to the Original Landlord. Sublessor confirms that any consent required from the Original Landlord has been obtained.
3. 3. Term. This agreement begins on and ends on (12 months). Subtenant must vacate at the end of the term unless both parties sign a renewal.
4. 4. Rent. Subtenant will pay $1,250.00 per month, due on the 1st day of each month. Rent paid more than 5 days late is subject to a late fee of $50.00.
5. 5. Security deposit. Subtenant will pay a security deposit of $1,250.00 before move-in. The deposit will be returned, less lawful deductions for unpaid rent or damage beyond normal wear and tear, within the time required by Colorado law.
6. 6. Utilities. Tenant pays electric, gas and internet; landlord pays water and trash.
7. 7. Use & occupancy. Only Subtenant may live in the Premises. Guests staying more than 14 days need written consent.
8. 8. Pets & smoking. No pets without written permission. No smoking inside the property.
9. 9. Maintenance. Subtenant will keep the Premises clean and promptly report needed repairs. Sublessor will handle repairs not caused by Subtenant's negligence. Subtenant may not make alterations without written permission.
10. 10. Entry. Sublessor may enter with at least 24 hours' notice for inspections, repairs or showings, or without notice in an emergency.
11. 11. Early termination. If Subtenant needs to leave early, Subtenant must give 30 days' written notice and remains responsible for rent until the end of the term or until a replacement approved by Sublessor moves in, as permitted by law.
12. 12. Governing law. This agreement is governed by the laws of the State of Colorado. If any part is found invalid, the rest remains in effect. This is the entire agreement between the parties.