Comprehensive Sublease Authorization Review for Property Managers

1. Section 1: Master Lease & Proposed Subtenant Metadata

This section captures essential information about the original master lease agreement and the proposed subtenant entity. Accurate completion of all fields is critical for legal and operational review.

 

Master Lease Agreement Reference Number

Original Lessee (Tenant) Legal Entity Name

Original Lessee Contact Person

Original Lessee Email Address

Proposed Subtenant Legal Entity Name

Proposed Subtenant Legal Structure

 

Please specify the legal structure

Is the proposed subtenant a publicly traded entity?

 

List Stock Exchange(s) and Ticker Symbol(s)

Subtenant Jurisdiction of Incorporation/Registration

Detailed Description of Subtenant's Primary Business Activities

Do any of the proposed business activities fall under restricted or special use categories (e.g., financial services, healthcare, defense, cannabis, gambling)?

 

Specify all restricted activities and provide justification for approval

Premises Suite/Unit Number

Total Premises Square Footage (in sq ft or sq m)

Square Footage to be Subleased

Master Lease Commencement Date

Master Lease Expiration Date

Proposed Sublease Commencement Date

Proposed Sublease Expiration Date

Does the master lease explicitly permit subleasing?

 

Explain the basis for seeking authorization despite lease restrictions

Current Use Clause in Master Lease

Is the proposed subtenant's use consistent with the master lease use clause?

 

Describe the variance and proposed mitigation measures

Upload Certified Copy of Master Lease Agreement (redacted if necessary)

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Upload Proposed Sublease Agreement Draft

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Upload Subtenant Corporate Organization Chart

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Upload Subtenant Audited Financial Statements (last 2 years)

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Provide Three Commercial Landlord References with Contact Information

2. Section 2: Sublease Financial Terms & Security Deposit Breakdown

Comprehensive financial analysis of the sublease arrangement, including all monetary obligations, security instruments, and profit-sharing mechanisms. All figures must be stated in the currency specified in the master lease.

 

Currency for All Financial Obligations

Annual Base Rent Under Proposed Sublease

Base Rent Under Original Master Lease (for the subleased portion)

Monthly Base Rent Payment

Rent Escalation Structure

 

Specify fixed annual percentage increase

 

Specify CPI index reference and base year

 

Specify market review frequency and appraisal method

 

Describe the escalation mechanism

Security Deposit Amount

Security Deposit Instrument Type

 

Describe the parent company guarantee terms

 

Specify alternative instrument

Does the security deposit exceed the equivalent of three months' base rent?

 

Justify the higher deposit requirement

Will the original tenant retain any financial liability or guarantee obligations beyond the sublease term?

 

Describe the ongoing liability structure

Rent Payment Frequency

Will the subtenant be responsible for Common Area Maintenance (CAM) charges?

 

Specify CAM charge calculation method and estimated annual amount

Will the subtenant reimburse the original tenant for utilities?

 

Utility Cost Allocation Method

Estimated Annual Utility Cost Reimbursement

Does the sublease include a tenant improvement (TI) allowance?

 

TI Allowance Amount

Will the original tenant realize a profit (sublease rent exceeds master lease rent)?

 

Specify profit-sharing arrangement with property owner if applicable under master lease

Are there any sublease assignment fees or administrative charges payable to the property owner?

 

Fee Amount and Description

Will the subtenant be required to maintain specific insurance coverage?

 

Specify required insurance types, coverage limits, and naming requirements

Annual Insurance Premium Cost Estimate

Is a personal or corporate guarantor required for the subtenant?

 

Guarantor Legal Entity Name

Provide Detailed Explanation of Any Unusual Financial Terms or Concessions

Financial Terms Summary & Calculation

Cost Category

Annual Amount

Monthly Amount

% of Total Occupancy Cost

Responsible Party

A
B
C
D
E
1
Base Rent
$120,000.00
$10,000.00
75
Subtenant
2
CAM Charges
$24,000.00
$2,000.00
15
Subtenant
3
Utilities
$4,800.00
$400.00
3
Subtenant
4
Insurance
$2,400.00
$200.00
1.5
Subtenant
5
Other
$7,200.00
$600.00
4.5
Subtenant
6
 
 
 
 
 
7
 
 
 
 
 
8
 
 
 
 
 
9
 
 
 
 
 
10
 
 
 
 
 

3. Section 3: Physical Access Control & Building Security Integration Plan

Detailed security and access control integration plan ensuring seamless incorporation of subtenant operations into building-wide security protocols, emergency response systems, and facility management frameworks.

 

Will the subtenant utilize the building's standard access control system?

 

Describe the alternative access control system and integration plan with building security

Estimated Number of Subtenant Employees Requiring Access

Number of Dedicated Access Cards/Keys Required

Will the subtenant require biometric access control (fingerprint, retina scan)?

 

Specify biometric technology, data privacy compliance, and data storage protocols

Will the subtenant require 24/7 access to the premises?

 

Detail after-hours security protocol and emergency contact procedures

Will the subtenant operate a reception or visitor management desk?

 

Describe visitor screening, logging, and escort procedures

Select all IT Infrastructure Requirements

Will the subtenant require integration with building management systems (BMS)?

 

Specify required BMS integrations (HVAC, lighting, energy monitoring, etc.)

Does the subtenant handle sensitive data requiring enhanced cybersecurity measures?

 

Describe network isolation requirements, firewall specifications, and compliance standards (e.g., ISO 27001, SOC 2)

Number of Dedicated Parking Spaces Required

Will the subtenant require loading dock or freight elevator access?

 

Specify frequency, timing, and material handling protocols

Will the subtenant store hazardous materials or maintain specialized equipment?

 

Provide Material Safety Data Sheets (MSDS) and storage compliance plan

Does the subtenant require security clearance for any staff members?

 

Specify clearance level, issuing authority, and verification process

Will the subtenant install any proprietary security systems (CCTV, alarms, sensors)?

 

Describe system specifications, monitoring protocols, and data storage location

Will the subtenant participate in building-wide emergency response drills?

 

Explain the reason for non-participation and alternative emergency preparedness measures

Emergency Contact Information (Primary and Secondary)

Upload Detailed Access Control Matrix (specifying areas, access levels, and authorized personnel)

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Upload Security Integration Plan Diagram

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Security & Access Control Requirements Checklist

Security Component

Required

Implementation Responsibility

Timeline

Associated Cost

A
B
C
D
E
1
Access Cards
Yes
Property Manager
Pre-occupancy
$500.00
2
Key Fobs
Yes
Property Manager
Pre-occupancy
$300.00
3
CCTV Installation
 
Subtenant
Within 30 days
$0.00
4
Alarm System Integration
Yes
Subtenant
Pre-occupancy
$2,500.00
5
Visitor Management System
Yes
Subtenant
Day 1
$1,200.00
6
 
 
 
 
 
7
 
 
 
 
 
8
 
 
 
 
 
9
 
 
 
 
 
10
 
 
 
 
 

Has a security risk assessment been conducted for this subtenant?

 

Upload Security Risk Assessment Report

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4. Section 4: Municipal Zoning & Building Occupancy Code Audit

Comprehensive compliance verification ensuring the proposed sublease arrangement adheres to all applicable municipal zoning ordinances, building occupancy codes, fire safety regulations, and accessibility standards. This audit is essential for mitigating regulatory risk and ensuring tenant safety.

 

Has a current zoning compliance certificate been obtained for the building?

 

Explain the zoning status and any pending applications

Current Zoning District Classification

Permitted Primary Use Category Under Zoning

Is the proposed subtenant's use specifically permitted as-of-right under current zoning?

 

What type of special approval is required?

Maximum Occupancy Load (persons) for the Subleased Space per Fire Code

Proposed Number of Occupants (employees + visitors)

Does the proposed occupancy exceed 80% of the maximum fire code capacity?

 

Provide justification and mitigation measures for high-density occupancy

Fire Safety & Life Safety Systems Compliance Checklist

Has a fire marshal inspection been conducted within the last 12 months?

 

Schedule for upcoming inspection and any outstanding violations

Does the subleased space require any modifications to meet accessibility standards?

 

Describe required modifications (e.g., ramps, accessible restrooms, signage, path of travel)

Is the building designated as a historic structure or located in a historic district?

 

Describe historic preservation requirements and any additional approvals needed

Is the building certified under any green building rating system (LEED, BREEAM, WELL, etc.)?

 

Describe any green building compliance obligations for the subtenant

Will the subtenant install any signage visible from exterior of building?

 

Describe signage design, dimensions, illumination, and mounting method

Does the subtenant's business require any environmental permits (e.g., air quality, waste disposal)?

 

List all required permits and current status

Parking Spaces Allocated to Subtenant

Minimum Parking Ratio Required by Zoning (spaces per 1000 sq ft)

Does the allocated parking meet or exceed zoning requirements?

 

Explain parking deficiency and proposed mitigation (e.g., off-site parking agreement, transit passes)

Has a professional code compliance audit been conducted?

 

Upload Code Compliance Audit Report

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Upload Current Certificate of Occupancy

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Upload As-Built Floor Plans Showing Subleased Area

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Upload Fire Safety Plan and Evacuation Diagrams

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Regulatory Approval Status Matrix

Permit/Approval Required

Required

Status

Expected Approval Date

Responsible Party

A
B
C
D
E
1
Zoning Compliance Certificate
Yes
Applied
3/15/2025
Tenant
2
Building Permit for TI
 
N/A
 
N/A
3
Fire Marshal Approval
Yes
Pending
3/20/2025
Property Manager
4
Accessibility Clearance
Yes
In Review
3/25/2025
Subtenant
5
Signage Permit
 
Not Required
 
N/A
6
 
 
 
 
 
7
 
 
 
 
 
8
 
 
 
 
 
9
 
 
 
 
 
10
 
 
 
 
 

Are there any outstanding building code violations or zoning enforcement actions?

 

Detail each violation, severity, and corrective action plan with timeline

Professional Certifications (Architect, Engineer, Code Consultant) with License Numbers

5. Section 5: Asset Manager & Head of Commercial Leasing Clearance Sign-Off

Final authorization section requiring comprehensive review and formal sign-off from Asset Management and Commercial Leasing leadership. All preceding sections must be complete before submission for executive approval.

 

I confirm that I have reviewed all sections of this sublease authorization request and verified that all required documentation has been submitted

I confirm that the proposed subtenant has passed financial and background due diligence

I confirm that the sublease terms comply with the master lease agreement and do not materially increase owner risk

I confirm that all zoning, code compliance, and regulatory requirements have been satisfied or appropriate contingencies are in place

I confirm that the security integration plan has been reviewed and approved by building security director

Has the subtenant completed building orientation and emergency procedure training?

 

Specify training schedule and completion deadline

Conditions Precedent to Final Authorization (select all that apply)

Asset Manager Review Comments and Recommendations

Head of Commercial Leasing Review Comments and Recommendations

Asset Manager Name

Asset Manager Title

Asset Manager Review Date

Asset Manager Digital Signature

Head of Commercial Leasing Name

Head of Commercial Leasing Title

Head of Commercial Leasing Review Date

Head of Commercial Leasing Digital Signature

Does this sublease require additional corporate-level executive approval beyond Asset Manager and Head of Leasing?

 

Specify required approvers and corporate approval process

Final Authorization Deadline

Are there any special conditions or contingencies attached to this approval?

 

Detail all special conditions, performance metrics, and monitoring requirements

Upload Fully Executed Sublease Agreement (upon completion)

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Upload Recorded Subordination, Non-Disturbance and Attornment Agreement (SNDA)

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Upon receipt of final signatures, this authorization request will be processed within 5 business days. Occupancy may commence only after written authorization is issued by the Property Management office.

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