There are reasons to sublet your apartment for a period of time. You may want to consider this option if you are doing a study abroad or going to be away for work. Getting a person to split the rent may be a good option for you.
Usually, when you decide to sublet, you should ask for a security deposit. This is generally around a month or so worth of rent.
The main reason for requiring a security deposit is that it will act as an insurance to cover for damages to the property and its contents. This is especially important if one is subletting due to extended travel and is leaving his things in the apartment while the subtenant is there.
This deposit must be paid in full before the subtenant moves in. It is then usually given back after they move out and after the place has been given a thorough check.
The rules of subletting vary by building or by apartment. Additionally, the rules on security deposits from sublets will also vary per state.
If you decide to sublet your apartment, it is best to get permission from the landlord. It is also a good idea to give your landlord all the information about the subtenant. This information may include the business address of the subtenant as well as name and phone number, the length of the sublease, a copy of the contract for the sublease and the address of the tenant's location during the sublease time.
You need to prepare other documents before the move. You should get written permission from any co-tenants before allowing someone to sublease your apartment.
Lastly, you need to make sure you have photos of the unit before the subleaser moves in. Don't forget that this place is furnished, and you might want to add extra money to the deposit to cover your possessions.
Usually, when you decide to sublet, you should ask for a security deposit. This is generally around a month or so worth of rent.
The main reason for requiring a security deposit is that it will act as an insurance to cover for damages to the property and its contents. This is especially important if one is subletting due to extended travel and is leaving his things in the apartment while the subtenant is there.
This deposit must be paid in full before the subtenant moves in. It is then usually given back after they move out and after the place has been given a thorough check.
The rules of subletting vary by building or by apartment. Additionally, the rules on security deposits from sublets will also vary per state.
If you decide to sublet your apartment, it is best to get permission from the landlord. It is also a good idea to give your landlord all the information about the subtenant. This information may include the business address of the subtenant as well as name and phone number, the length of the sublease, a copy of the contract for the sublease and the address of the tenant's location during the sublease time.
You need to prepare other documents before the move. You should get written permission from any co-tenants before allowing someone to sublease your apartment.
Lastly, you need to make sure you have photos of the unit before the subleaser moves in. Don't forget that this place is furnished, and you might want to add extra money to the deposit to cover your possessions.
About the Author:
This writer has been writing pertaining to subletting for the last four years. Furthermore, this author loves providing knowledge regarding New York neighborhoods, such as Battery Park real estate along with Gramercy apartments.
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