Sublease Application - The Lovett Group of Real Estate Companies
Sublease Application - The Lovett Group of Real Estate Companies
Sublease Application - The Lovett Group of Real Estate Companies
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Revised 4/9/12 CCB<br />
SUBLEASE ACKNOWLEDGEMENT<br />
It is understood that the sublease fee is equal to one (1) month's maintenance per term. In<br />
the event that the subleasee holds over in the subject apartment beyond the term approved<br />
by the Board <strong>of</strong> Directors, there shall be an additional MONTHLY sublet fee paid by the<br />
shareholder, which shall be equal to the amount <strong>of</strong> the currently monthly maintenance for<br />
said apartment. Shareholder shall pay said fee in addition to the regular monthly<br />
maintenance for each month that the holdover continues and such fee shall be deemed to be<br />
additional rent pursuant to Paragraph 12 <strong>of</strong> the Proprietary Lease.<br />
I (we) have read and fully understood the conditions set forth above.<br />
Shareholder's Signature Date<br />
Shareholder's Signature Date<br />
23