How to Sublease Your Co-op

Started by technorat

almost 14 years ago

Posts: 63

Member since: Aug 2009

Discussion about

I'm looking to sublet my co-op which has a relatively lenient policy. What I'm looking for is essentially a checklist of things I would need to do. I already assume the following: (1) get a lawyer for the sub-lease agreement, (2) re-paint walls, (3) re-finish floors, (4) re-caulk bathtub. Are they are other simple fixes that generally are wise to do? Also interested to know if there is a checklist of legal obligations (for instance, I know I would have to keep the security deposit in a separate account). Any help or tips would be greatly appreciated. Thanks.

Response by front_porch

almost 14 years ago

Posts: 5316

Member since: Mar 2008

New smoke detector/carbon monoxide detector.

Also, call your managing agent and let them know you would like to sublet, and ask for a sublease application and a list of fees. Then when you advertise the place, you can let potential renters know what will be required of them, in terms of the package and $$$.

ali r.
DG Neary Realty

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Response by ed1802

almost 14 years ago

Posts: 3

Member since: Mar 2007

I agree,speak to the Board of Directors or managing agent & find out the sublet policy if you can, I would be glad to help you evaluate your apartment condition & help you with a qualify candidate...Email me at aeddie18@aol.com....Charles Rutenberg Realty

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Response by Hammy

almost 14 years ago

Posts: 45

Member since: Mar 2007

You don't need a lawyer, you need a broker to draw up the lease agreement, find the subletor and put together the board package. If you indicate your email address, I will send you the contact info for an excellent rental broker in NYC.

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Response by huntersburg

almost 14 years ago

Posts: 11329

Member since: Nov 2010

http://streeteasy.com/nyc/talk/discussion/27983-need-a-new-category-clients

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Response by gcondo

almost 14 years ago

Posts: 1111

Member since: Feb 2009

yes you dont need a lawyer, you need a broker. I am sure they will add the proper addenda to the rebny lease form that is appropriate for your situation. lol.

How to Sublease Your Co-op

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