Subletting Lease Agreement Template
Typically a rental agreement is when a landlord agrees to rent out a unit to a tenant.
Subletting lease agreement template. A sublease agreement is between a tenant also known as the sublessor and a person seeking to rent the same space the sublessee. This sublease agreement dated october 24th 2019 is made between the sublessor and the sublessee. The sublessor and the sublessee both agree that the sublessee shall lease from the sublessor a portion of the sublessor s interest in the apartment located at the premises. This agreement can be used when the original tenant will be gone from the property for.
However if the tenant finds himself incapable of meeting the terms of the lease anymore he may opt to look for a sublease a third party renter of the property. A sublease agreement is a lease contract between an original tenant and a subtenant. Sublet leases best if approved by the landlord or property manager are often used when original leaseholders cannot complete the terms of their lease need to move are going to be temporarily relocated or want to move in a roommate. 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.