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The Residential Sublease Agreement is a critical legal instrument used in the Philippine real estate market when a tenant wishes to transfer their leasing rights to another party while maintaining the original lease with the property owner. This document is essential for situations where the original tenant needs to temporarily relocate, wants to share rental costs, or cannot utilize the full rental period of their original lease. The agreement must comply with Philippine property laws, including the Rent Control Act and the Civil Code of the Philippines, and typically requires the property owner's consent. It outlines specific terms including rental payments, maintenance responsibilities, duration, and conditions for termination. This document is particularly relevant in urban areas where rental properties are in high demand and subleasing is a common practice.

1. Parties: Identifies and provides full details of the Sublessor (original tenant) and Sublessee, including complete names, addresses, and contact information

2. Background: Establishes the context of the sublease, including reference to the master lease and the Sublessor's right to sublease

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Property Details: Detailed description of the subleased property, including exact address, unit number, and included areas/facilities

5. Term and Renewal: Specifies the duration of the sublease, start and end dates, and any renewal options

6. Rent and Payment Terms: Details the rent amount, payment schedule, security deposit, and other financial obligations

7. Utilities and Services: Specifies responsibility for utility payments and included services

8. Use of Property: Defines permitted uses of the property and any restrictions

9. Maintenance and Repairs: Outlines responsibilities for property maintenance and repair procedures

10. Rules and Regulations: States house rules, building regulations, and other conduct requirements

11. Insurance and Liability: Specifies insurance requirements and allocation of risks

12. Default and Remedies: Details what constitutes default and the available remedies

13. Termination: Specifies grounds and procedures for early termination

14. Governing Law: Confirms Philippine law as governing law and relevant jurisdiction

15. Signatures: Space for parties' signatures and witness attestation