Agreement To Sublet printable pdf download

PROCEDURE FOR A SUBLET

A sublet is when a resident of an unit wishes to sublet his space in the apartment for one or more terms. The

sublet agreement does not release any of the original tenants of their responsibilities of said lease. If the

sublet tenant(s) should damage the rental unit, all of the original tenants are still totally responsible for said

damages. Any adjustment for damages shall be negotiated between the sublet and original tenants. If the

rent is not paid in full, both the original and sublet tenants are responsible.

The rights related to the security deposit shall remain with the original tenant(s) since no transfer of security

deposit is required under the sublet agreement.

Continental Real Estate Management, Inc. does not do an inspection of the rental unit on a sublet. We do

not clean or paint prior to sublet tenants moving in. It is the responsibility of the original tenants to leave

the unit in good condition for the sublet tenants.

1. The original tenant must sign the sublet form giving permission to allow the sublet tenant to occupy

the unit; all other original tenants must sign whether or not they are subletting their space on the

lease.

2. An application must be completed by each sublet tenant. If the sublet tenant is not full time

employed (40 hours per week), then a guaranty must be signed by their parents, guardian, or

someone that is full time employed. If the sublet tenant is full time employed, then a credit check

must be done.

3. All outstanding balances for the rental unit must be paid in full before the sublet agreement will be

approved.

4. Application fees, credit report fees (if applicable), and sublet fee must be paid upon submitting the

sublet paperwork.

5. KEYS: Keys must be exchanged between the original tenants and sublet tenants.

6. PARKING STICKERS: Parking stickers must be exchanged between the sublet tenant and original

tenant. The office WILL NOT issue a new parking sticker to the sublet tenant without the old

sticker.

Continental Real Estate Management, Inc.

300 South Allen Street, State College, PA 16801

Phone: 814-238-1598 Fax: 814-238-2611 Email:

Agreement To Sublet