Sublease Agreement

A sublease agreement is a legal document that allows a Tenant (the “sublessor”) who is currently renting a property from a Landlord to rent out the same property, or a portion of it, to another person (the “sublessee”). This arrangement doesn’t change the original lease agreement between the Tenant and the Landlord; instead, it adds a new layer where the Tenant becomes a landlord to the sublessee.

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Last updated September 16th, 2024

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A sublease agreement is a legal document that allows a Tenant (the “sublessor”) who is currently renting a property from a Landlord to rent out the same property, or a portion of it, to another person (the “sublessee”). This arrangement doesn’t change the original lease agreement between the Tenant and the Landlord; instead, it adds a new layer where the Tenant becomes a landlord to the sublessee.

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A sublease agreement is a legal contract between you (the original tenant) and someone else (the subtenant) who wants to rent all or part of your rented space.

Form Options By Type

Standard Residential Lease Agreement
Simple (1-Page) Lease Agreement

 

How to Write a Sublease Agreement?

Outline:

  1. Title
  2. Date of the agreement
  3. The Parties
  4. Terms and Conditions
  5. Rent amount and Due Date(s)
  6. Security Deposit(s)
  7. Utilities
  8. Use of property
  9. Conditions
  10. Maintenance and Repairs
  11. Compliance with original lease agreement
  12. Indemnification
  13. Governing Law
  14. Signatures

Where to Advertise Room for Rent?

Subleasing: Frequently Asked Questions

What does Sublet Mean in a Contract?

When a Tenant rents out a part or all of a rental property to another Tenant for a short period, it’s called subleasing or subletting. You need a sublease contract if you want to sublease your room or unit. This contract is a written agreement that acts as a lease within the main lease.

Does Subletting Hurt Your Credit?

It depends on how your property management company reports information, it may appear on your credit report. It’s good to be aware of the conditions in your lease agreement. Leaving your studio without giving advance notice, finding someone else to take over your lease, or making similar arrangements could impact your credit history.

Sublease Agreement Sample