Users' questions

Can you make your own sublease agreement?

by Rhyley Bryan

Can you make your own sublease agreement?

Whether you’re a sublessor or a subtenant, always request a written sublease agreement. Verbal contracts do not hold up in court as well as a physical, signed contract. Protect yourself and create a written sublease agreement.

What should be included in a sublet agreement?

A sublease agreement typically addresses the following:

  1. the names of the parties (the tenant, the subtenant and the landlord);
  2. information of the master/original lease;
  3. the term of the sublease and whether the sublease is fixed or periodic; and.
  4. the amount of rent payable (if different from the master lease).

What is a subletting agreement?

A sublet, or sublease agreement, adds someone new to an existing lease. Usually the new person (subletter) replaces someone who is moving out (sublessor or sublessee) but it can also happen with any new person being added to a lease.

Who pays the landlord in a sublease?

The legal effect of subletting is that the original tenant is still bound by the lease he or she has with the landlord, and is therefore still responsible for paying rent.

How to write an apartment sublet lease?

Obtain written permission from your landlord to enter into a sublet situation.

  • which will likely be you and the sublet tenant. Clearly label yourself as the master tenant.
  • List the dates of the sublease agreement.
  • Clarify all costs involved with the sublease.

    • What’s the difference between subleasing and assigning a lease?

    assignments transfer your entire interest in the property and usually releases you from your obligations;

  • subleases do not release you from your obligations and allow you to transfer part of your interest in the property and retain your entire interest;
  • your lease will set out when and how you can assign or sublet.

    • What should be included in a lease agreement?

    A lease rental agreement should include the name of the parties, the term, rent, description of the property and other details, such as whether the term automatically renews and the process for terminating the lease. The agreement should also explain what conduct can lead to eviction.

    What is a lease template?

    A lease template is a premade layout available on the internet for free to download. Designed to help property owners and tenants save time and money, printable lease templates are truly helpful tools that continue to gain their popularity in the real estate market today.