Residential Sublease Agreement Template Download
This agreement can be used when the original tenant will be gone from the property for either a portion or the entirety of the remaining term under the original lease.
Residential sublease agreement template download. In most cases a sublease occurs when a tenant has time left on their rental agreement with the landlord and would like to vacate earlier than the end date. The sublease is for a portion of the sublandlord s interest in the premises located at rental address the premises on the following terms. A sublease agreement allows a tenant who has a lease to a residential property to assign their rights in the property so that a new individual called the subtenant can take over all or part of a property in their place. A sublease agreement will typically contain all the elements of a regular rental agreement because it s a rental agreement between a tenant and their tenant.
This is why many sample sublease agreements are available on the web for free. You the new tenant and the landlord. Since the new renter isn t on the original lease of course you want to hammer out all the details of the sublease before they actually move in. This sublease agreement is made between sublandlord as the sublandlord and subtenant as the subtenant together referred to as the parties.
Before drafting or using a sublease agreement remember that landlords aren t necessarily required to accept approve them depending on which state you live in. A sublease agreement is between a tenant also known as the sublessor and a person seeking to rent the same space the sublessee.