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Office space sharing agreement template
Office space sharing agreement template





Each of us will pay one-fifth of the cost of the lease by reimbursing Tamara quarterly in advance, on the first of July, October, January, and April. Tamara has leased the copier, which is also a fax machine, and we all agreed on the model and lease terms. The administrative space will contain a desk for one staff person (discussed in paragraph 14, below), a fax machine that we will all share, a copier that we will all share, and a work table for common use.Ĩ.

office space sharing agreement template

Robyn will use the conference room as meeting space and otherwise will work off-site. Tamara and Marilyn will share the third office and they will work out their own schedule as to use. Ben and Suzanne will each have a private office. All five of us will share use of the common areas, including the reception area, kitchen, conference room, and the room we’re describing as the administrative space. Each of us is a lessor under the lease with our landlord, Janice Lubner, and we are jointly and severally responsible for the rent and any other expenses under the lease.ħ. We’ll agree at that time on a process for advertising the space and choosing the new tenant, and the person leaving will take the lead on doing the necessary tasks to find the new tenant.Ħ. If any of us wants to leave, that person is responsible for rent until a replacement tenant is found, and will participate in the group’s decision on the best way to look for a replacement sharer. We each intend to stay for the entire term of the lease.

office space sharing agreement template

Our lease on the office suite begins on July 1, 20xx and has a term of three years. None of us may sublease our individual space without the consent of each of the other people who are sharing the space.ĥ. Only the people listed above are sharing the office space.Ĥ. All of us will share use of the common areas, Ben and Suzanne will each have their own private office space, Tamara and Marilyn will share a single office as described below, and Robyn will use the space more occasionally, all as described in paragraph 7, below.ģ. We’ll share the entire suite at2525 College Avenueas described in this Agreement. We agree that we will share the use of the office suite in order to save money and resources, and have the benefit of one another’s knowledge, skills, experience, and company.Ģ. Ben is an accountant, Suzanne is a financial planner, Marilyn and Tamara are lawyers, and Robyn is a web developer.ġ.

office space sharing agreement template

This office-sharing agreement is made between Benjamin Coke, Suzanne Clarkson, Tamara Lester, Marilyn Mertin, and Robyn Troxel, who intend to share the office suite located at 2525 College AvenueinRockland. In that situation, your agreement should include a provision that all of you are bound by the terms of the master lease.

office space sharing agreement template

Some landlords don’t allow that, however, which means that one person will have to become the master tenant and sublet the other spaces to the rest of the sharers. Th sample office-sharing agreement below is for a situation where all of the tenants are on the master lease. And, once you start sharing space with others, it will be much easier to start other types of sharing, like tools, storage space, subscriptions, or employees. Many small businesses and entrepreneurs use commercial space to house their operations, and sharing these work spaces is often a smart business decision.







Office space sharing agreement template