Sublet (Residential)
A sublease is a new lease between an existing tenant and a subtenant for all or part of the premises for less than the tenant's full remaining term; it generally does not create a direct contract between the landlord and the subtenant. Whether and how subletting is permitted depends on the lease and applicable law.
- Where it applies
- Generally, not specific to New York
- When it comes up
- Lease Administration
- Property types
- Residential Leasing
Read more in the Knowledge Base
- Sublet Policy Analysis - Evaluating a Co-op's Rental FlexibilityBuyers
- Residential Late Fees - Current New York LimitsLandlords
- Residential Property Exit StrategyBuyers
- Environmental Hazard Screening for New York Residential PropertyBuyers
- New York Residential Lease Review: Current Statutory OverlaysLandlords
Related terms
SubtenantAssignmentLandlord ConsentPrivity of Contract
Residential Leasing Terms
- Application Fee Cap (Background/Credit Check Fee)
- Good Cause Eviction
- Guarantor (Residential)
- Late Fee Cap
- Lease Rider (Residential)
- Renewal Lease (Rent Stabilized)
- Rent Stabilization (including ETPA Stabilization)
- Roommate Law (Residential Occupancy Rights)
- Security Deposit (Limit & Return Timing)
- Source of Income (Housing)
General information, not legal, tax or financial advice.