Legal right to sublease?
Started by citychick
about 12 years ago
Posts: 4
Member since: Jan 2014
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citychick,
Is this place rent stabilized or rent controlled? The rules are a bit different depending on if a unit is regulated or not.
no it is free market
What does your lease say?
citychick,
If it is a market rate apartment and not bound by any rent regulated laws, then you (the "prime tenant") are free to charge what the market will bear, and your landlord can also charge you, for example, any percentage of that that they want as well, as far as I know. It really just depends on what is stipulated in the lease.
What is perhaps more important are things surrounding your direct question, such as length of stay of the subtenant and also the proper procedure as to how to start the sublet. In order to be a legal sublet, you must follow the steps as set forth by the law. I suggest you get to know what's required -- and feel free to ask here should you have any specific questions. :)
"as far as I know."
How about you caveat how much you know?
All terms must be submitted to your LL in writing (along with other items), for their approval…
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