Sometimes you make plans, and life gets in the way. Maybe you’ve gotten your dream job in a different state or just aren’t getting along with your roommates and want to remove yourself from the situation. Whatever the case, you can’t get out of your lease early and are looking to cut costs on rent payments, so you want to sublet your rental.
Where do you start? The first step is to read your lease. You need to make sure that there isn’t any rule or clause that prohibits you from subletting. If there isn’t, you’re free to move forward.
After you’ve verified that you’re allowed to sublet, talk with your roommates. Make sure they are comfortable with the situation and that they have no problem bringing another person into the living environment. After you’ve spoken with your roommates, talk to your landlord and let them know your plans. It’s good to get permission from your landlord in writing, and they may have certain procedures for you to follow when subleasing your apartment.
After you’ve spoken to all the necessary parties, the next step is to find a subletter. This can be a tricky situation because as much as you’d like to just let your good friend move in, you have to make sure they are trustworthy and responsible and won’t trash the place. Your name is still on the lease, after all.
That being said, you may want to turn to Craigslist or other roommate search sites for help. It helps to interview a potential subletter to get to know their habits and lifestyle.
Once you’ve agreed on move-in and move-out dates, make sure that you have a written agreement with the subletter, even if it’s a good friend. This way, it will be a cut and dry situation should a problem arise.
When you’ve found the right person to move in, make sure to cancel all utilities and bills that are in your name, and take all of your personal belongings with you. Remember, you are not living there anymore and have given them permission to reside during the agreed-upon time. If you are going to leave items in the apartment, it may be a good idea to get renters insurance. It’s also a good idea to check in from time to time to see how things are going and keep the situation under control.
In the end it’s simple: think like a landlord, because as a sublessor, you are acting as a landlord to another person.