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


Is the proposed subtenant a publicly traded entity?


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)?


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?


Current Use Clause in Master Lease

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


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



Security Deposit Amount

Security Deposit Instrument Type


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


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


Rent Payment Frequency

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


Will the subtenant reimburse the original tenant for utilities?


Estimated Annual Utility Cost Reimbursement

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


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


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


Will the subtenant be required to maintain specific insurance coverage?


Annual Insurance Premium Cost Estimate

Is a personal or corporate guarantor required for the subtenant?


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

Base Rent
$120,000.00
$10,000.00
75
Subtenant
CAM Charges
$24,000.00
$2,000.00
15
Subtenant
Utilities
$4,800.00
$400.00
3
Subtenant
Insurance
$2,400.00
$200.00
1.5
Subtenant
Other
$7,200.00
$600.00
4.5
Subtenant
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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?


Estimated Number of Subtenant Employees Requiring Access

Number of Dedicated Access Cards/Keys Required

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


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


Will the subtenant operate a reception or visitor management desk?


Select all IT Infrastructure Requirements

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


Does the subtenant handle sensitive data requiring enhanced cybersecurity measures?


Number of Dedicated Parking Spaces Required

Will the subtenant require loading dock or freight elevator access?


Will the subtenant store hazardous materials or maintain specialized equipment?


Does the subtenant require security clearance for any staff members?


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


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


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

Access Cards
Yes
Property Manager
Pre-occupancy
$500.00
Key Fobs
Yes
Property Manager
Pre-occupancy
$300.00
CCTV Installation
 
Subtenant
Within 30 days
$0.00
Alarm System Integration
Yes
Subtenant
Pre-occupancy
$2,500.00
Visitor Management System
Yes
Subtenant
Day 1
$1,200.00
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Has a security risk assessment been conducted for this subtenant?


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?


Current Zoning District Classification

Permitted Primary Use Category Under Zoning

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


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?


Fire Safety & Life Safety Systems Compliance Checklist

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


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


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


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


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


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


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?


Has a professional code compliance audit been conducted?


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

Zoning Compliance Certificate
Yes
Applied
3/15/2025
Tenant
Building Permit for TI
 
N/A
 
N/A
Fire Marshal Approval
Yes
Pending
3/20/2025
Property Manager
Accessibility Clearance
Yes
In Review
3/25/2025
Subtenant
Signage Permit
 
Not Required
 
N/A
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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


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?


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?


Final Authorization Deadline

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


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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