Sublet Agreement

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Apartment Management in Wisconsin •• Appendix A •• Forms
173
Sublet Agreement
It is mutually agreed on this date ___________ between Landlord/Agent _______________________________
and Sublessor(s)(Original Tenant(s))
_______________________________________
_______________________________________
_______________________________________
and Sublessee(s) (New Tenant(s))
_______________________________________
_______________________________________
____________________________________, that all the rights and
duties described below shall be transferred to Sublessee(s) for the term of the sublet agreement specified
below. The sublessee acknowledges receipt of the original lease and agrees to be bound by the terms of the
original lease consistent with this sublet agreement effective _________________________(date of beginning
of sublease).
Description of Lease and Premises
Address of Rental Unit _______________________________________________________________________
Term of Original Lease ___________________ to ___________________ (beginning and ending dates)
Term of Sublease ___________________ to ___________________ (beginning and ending dates)
Provisions of Sublet Agreement
A. Choose one of the following:
The sublessee(s) shall be liable for the full rent of the sublessor(s) in the amount of $____________
per month.
The sublessee(s) shall be liable for part of the rent of the sublessor(s) in the amount of
$____________ per month. Sublessor(s) shall remain liable for the remaining $____________ per
month.
B. Choose one of the following:
The sublessor(s) shall be relieved of all liability and the original lease is assigned to the sublessee(s)
effective __________________(date). Note: Any sublessor’’s release from liability must be approved
by the landlord.
The sublessor(s) shall remain liable under the original lease.
C. Choose one of the following:
The sublessee(s) shall pay a security deposit in the amount of $____________ to be held by
____________________________. Note: In the cities of Madison and Fitchburg, no single party may
require a security deposit from tenants if the combined total is more than one month of the original
lease’’s rent.
The sublessee(s) shall pay no security deposit.
(over)

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