Sublease
Sublease is a rental arrangement in which a tenant (the sublessor) rents out all or part of a leased property to another person (the subtenant) for a portion of the remaining term of the original lease. In a sublease, the original tenant generally remains responsible to the landlord for rent and compliance with the lease, and the subtenant does not usually have a direct contract with the landlord. This differs from an assignment, where the tenant transfers all rights and obligations under the lease to the new occupant, typically ending the original tenant’s liability to the landlord.
Consent and restrictions are common elements. Most leases require the landlord’s written consent to sublease, and
A sublease contract typically spells out the term, rent amount, and the division of responsibilities for utilities,
Filing a sublease usually involves reviewing the original lease, obtaining written consent, drafting a sublease agreement,