How to Write a Sublease Agreement
Breaking a rental lease can have major repercussions. Your landlord can sue you for breaking the contract, and a judge may order you to pay the outstanding lease balance. But you can protect yourself and avoid credit damage by finding someone to sublet or sublease your apartment. Before allowing someone to take over your lease, make sure you draft an agreement.
Instructions
- 1
List the start and end dates for the sublease agreement. Lease terms vary, and your sublease agreement should outline the length of the lease term. In other words, spell out whether the contract is a monthly sublease agreement, a six-month agreement or a one-year sublease agreement.
2State how much the tenant will owe in rent payments each month. The money received from the person subleasing your apartment must cover the monthly rent payment, or you'll have to make up the difference.
3Discuss the due date for rent payments. If your landlord requires payments on the first of the month, the person subleasing the apartment should forward his monthly rent payment to you a week or more earlier. This gives you time to deposit the check and write a check to your landlord.
4Ask for a security deposit. Getting a security deposit protects you if the person subleasing submits a payment late or misses a monthly payment. Security deposits are typically equivalent to one month's rent payment.
5Highlight the financial responsibility of the tenant. Determine whether the monthly rent payment will include household utilities, parking fees or association dues, if applicable. If not, include a section in the sublease agreement that spells out the responsibility of the tenant. State that it's the tenant's responsibility to acquire services with the utility companies and pay for such services on a monthly basis.
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