Sublet Contracts: Everything You Need to Know

Sublet contracts, also known as sublease agreements, are vital documents required when a tenant wants to sublease a property to another tenant.4 min read

Sublet contracts, also known as sublease agreements, are vital documents required when a tenant wants to sublease a property to another tenant. Before entering into a sublease contract, it is critical to understand your rights and responsibilities under the provision of the agreement.

What Is a Sublease Agreement?

A sublease agreement is a legal covenant entered into by a tenant and subtenant, with the approval of the property owner, stating the duties and obligations of the sublandlord and subtenant throughout the sublease term.

A sublease agreement allows an original tenant that is holding the lease to a property to transfer the lease to another tenant or subtenant who will use a part or all of the premises under the same provisions of the original lease. However, the original tenant is responsible for paying the rent and will be liable for any violation of the terms in the original lease agreement. A sublease can cover a whole building or a part of it such as a room within an apartment.

A sublease is also known as:

• Sublet contract
• Sublease Contract
• Residential Sublease Agreement
• Sublease Agreement for Residential Apartment
• Room Rental Agreement
• Sublet Agreement

Parties Involved in a Sublet Agreement

A sublet agreement involves these parties:

• The property owner who formed the lease with the original tenant.
• The sublandlord who is the original tenant who signed the original lease with the landlord, and now entering into a sublease agreement with another tenant known as a subtenant for the use of a part or the entire rental property.
style="display: block; border: medium none; height: 0px; margin: 0px; padding: 0px; position: relative; visibility: visible; width: 617px; background-color: transparent; overflow: hidden; opacity: 0;">