AGREEMENT FOR PERMISSION TO SUBLET


You have just renewed your lease for another 12 months and now you must leave town.

Or, you have renewed the lease on your business location and now a much better location has become available and you want to move. Your life has changed unexpectedly, but you are bound by a lease.

You do not want to move out and still make payments for a year while you aren't using the property. What to do?

First, approach your landlord to gain an Agreement for Permission to Sublet. Explain the situation carefully and gain his or her cooperation. You'll need to ask for copies of the rental application because the landlord will insist on approving the new tenants. They'll need to fill out the rental application and submit references, just as you did.

In turn, the new tenants will want to see and approve the current lease because they will be subject to its provisions, just as you were. Have a copy made for them to keep for future reference.

The important difference between sub-leasing from you and leasing directly from the landlord is that you will still be obligated under the lease. Should the new tenants fail to pay rents on time, cause damage to the property, or otherwise violate the terms of the lease, you will be liable along with them.

Yes, the landlord will have approved the application, but yes, you are still liable until the expiration of your current lease.

Provisions outlining each party's rights and obligations can be found on our Agreement for Permission to Sublet, which you can download for free from this site. The form is brief and easy to fill out, and necessary to your legal health.

Failure to obtain this permission from your landlord could result in unpleasant circumstances. The landlord could sue for breach of contract, could demand all rents due and payable, and could evict "your" tenants.

Whatever you do, don't rely on a verbal OK from the landlord. And don't rely on a verbal agreement from new tenants that they will uphold the terms of your lease. Put it in writing, and stay out of court.


Download Instructions

Enter your Name and E-mail address.
Press the - Click Here Image

 


First Name:       
Email address:   

        

 

 

Forms   Our  privacy policy outlines our strict guidelines regarding your privacy. Please be assured - Kaktus Productions - will never sell or promote your e-mail address to anyone. free forms

Agreement for Permission to Sublet

Legal Forms resources
government forms
realestate tools


news

* Real Estate Tips
* New Forms
* Information




privacy