Subleasing your rental by sharing the lease with someone else is an ideal way to avoid breaking a rental agreement when you need to move out temporarily or permanently. If subletting is done properly, you can have great success. Keep these five tips in mind.
Get permission from your landlord
Read your lease. If it says that subletting is prohibited without the express permission of your landlord, he or she has grounds to evict you if you don’t get the okay for subleasing your rental. Protect yourself by getting your landlord’s permission in writing to sublease. If your contract says that subleasing isn’t permitted at all, try asking permission anyway. Your landlord may make an exception.
Find a responsible leaser
Your most important task is locating a quality leaser who will pay the rent and take good care of the property and your belongings. Begin by asking family and friends if they know of anyone in need of a place to stay. If that doesn’t work, post what you’re looking for on online classifieds or Facebook. Provide a clear description of your living arrangements and the surrounding amenities, as well as the rental amount and for how long the property is available.
Conduct a thorough interview
Meet with potential leasers and ask vital questions, such as why they want to sublet, about their present and prior living arrangements, and how they feel about housekeeping. Make sure they have a steady source of income so they can pay the rent. Their answers should give you an impression of them as leasers. When you do choose potential candidates, do background and credit checks.
Draw up an agreement
A written agreement with the leaser is important, even if you or a friend or family member and know the person well. If you don’t have a written agreement it can put a strain on or wreck friendships and family relationships. Putting rules and expectations in writing leaves no room for interpretation. Make sure to include in the agreement all of the specifics, including whether pets are allowed, when the rent is due, how the leaser will be expected to compensate you if the property is damaged, and the consequences of not paying rent on time. In addition, the agreement should state that you have the right to evict the leaser if the rules are broken.
Provide emergency contact information
Leave the leaser with a list of important contacts, such as your information and the landlord’s. Also include information such as local banks. If there is a separate number for maintenance or emergency repairs, provide that.
Follow these tips, and subleasing your rental can be a beneficial situation for everyone involved.