Sublet Agreements definition

Sublet Agreements and” lease assignments” are prohibited. In the event a Tenant(s) identified in the Lease Agreement wishes to “sublet” his or her unit or a portion of his or her unit, the prospective “tenant” will be required to submit an application with Greenbush Properties and meet necessary criteria. If the prospective “tenant” is found to be a qualified applicant, the applicant will be added to the Lease Agreement. The vacating Tenant will remain named to and liable under the Lease Agreement. The cost and responsibility of finding a party to “sublet” belongs solely to the Tenant(s). Tenant(s) will be charged for leasing fees. Leasing fees may include but are not limited to; any and all advertising costs, $20.00 per credit check, an hourly charge of $50 per hour for staff time to show the unit with a minimum ½ hour charge; an hourly charge of $50 per hour for all office services with a minimum ½ hour charge (example: reviewing applications, lease package preparation, lease signing appointments). The “new tenant” may be required to pay a security deposit equal to the current deposit required by the property, provided it does not exceed one month’s rent. The deposit will be returned at the completion of the lease providing the unit is left in as good or better condition than stated on the Check In form.

Examples of Sublet Agreements in a sentence

  • Buyout and Sublet Agreements are at the sole discretion of the LANDLORD.

  • Landlords Landlord Consent and Sublet Agreements The best subletting situations occur when the landlord, tenant, and subtenant are all on the same page.

  • All Buyout and Sublet Agreements must be approved by the LANDLORD.

  • Such services shall include loading and unloading of containers, and the storage of containers and chassis as provided in the Equipment Lease and Chassis Sublet Agreements.