New York Sublease Agreement 8
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New York Sublease Agreement 1

New York Sublease Agreement

    We have come up with a perfect New York sublease agreement template after consulting our best legal experts. Our easy, simple, and understandable template outlines the best practices that can be performed while subletting property to another tenant in New York.

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New York Sublease Agreement
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New York Sublease Agreement

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Are you on the lookout for property rentals in New York? Are you unfamiliar with the laws regarding subleasing agreements? If that’s the case, please give the following article a thorough reading to eradicate all your doubts and misconceptions.

Moreover, if you are looking for a well-written template for a New York sublease agreement, you can get one from CocoSign.

What Is a New York Sublease Agreement?

The New York sublease agreement allows tenants to rent out their rented property/a portion of it to someone else. The NYC sublease agreement works in favor of the tenants who hold the original lease agreement. It allows them to evacuate the property at an earlier date (permanently or temporarily).

The agreement also works well for those tenants who prefer a helping hand with the rent each month. The NYC sublease form makes sure that the primary tenant is responsible for the new tenant. However, it is important to notify the landlord with updates regarding the new tenants.

Moreover, in some cases, the tenant must seek the landlord’s permission before subletting the property. There are certain important disclosures that the primary tenant must share with the secondary tenant. This includes disclosure about the lead-based paints used in the property to rent.

Get Our Free New York Sublease Agreement Template Now!

Are you looking to rent out your rented properties? A New York Sublease Agreement helps tenants rent out a portion of their rented property to other individuals while assuring all legal compliances. Use our free template to create a sublease agreement for yourself now.

Get your FREE Sublease Agreement by clicking below.

What Is Included in a New York Sublease Agreement?

A conventional New York state sublease agreement includes the names of both the individuals that sign the sublease contract.

  • The Location of the Property: The property’s address must appear clearly on the sublease form. Additionally, a complete list of all the terms and conditions should also be present in the lease document.
  • The Monthly Rental Payment: The sublease agreement should clearly mention the exact amount of rent due on the secondary tenant monthly. In addition to the rent payment, the document must state the method of payment the primary tenant/the landlord prefers.
  • Utilities of the Rental Unit: While signing the sublease agreement, both parties must discuss whether the original tenant will continue the payments for the utilities. Either the landlord can pay for them or the sublessee can be responsible to pay for the utilities.
  • Additional Documents & Requirements: It is necessary to attach a copy of the original lease with the New York state sublease agreement form. Both of the involved parties must provide signatures along with the consent of the landlord. Also, the document must clearly state an accurate date of the signing as well.

How to Legally Sublease Your New York Apartment?

All tenants who have chosen to sublease their apartments must abide by strict laws. First and foremost, they must obtain permission to sublease their apartment from their landlord. The tenant must send an application to the landlord in writing through a verified postal service.

The application must include the following information:

  • The precise date when the NYC sublease contract comes into effect and the precise date it ceases to operate.
  • The name of the potential subtenant. It should be the same as that present on their legal documents.
  • The business address and the current home address of the potential subtenant.
  • The primary tenant’s reason for subletting their apartment.
  • The tenant’s residential address for the duration of the sublease agreement.
  • Written consent by a co-tenant.
  • A copy of the standard sublease agreement with signatures of both parties along with a copy of the original lease.

Subletting Laws in New York

New York is extremely popular for being tenant-friendly. Even if the original lease prohibits the tenant from subletting their apartment, the state laws permit them to do so. All tenants must abide by the terms and conditions.

Which apartments are allowed for subleasing?

All tenants can sublease their apartments legally with the exception of those who own single-family homes. People who wish to lease apartments with less than four units can also not sublease their property.

How long can tenants sublease their apartments?

Tenants can only sublease their apartments if they agree to return to the property unit someday. It is crucial to differentiate between two types of tenants:

  • A tenant who wishes to temporarily lease the apartment.
  • A tenant who wishes to assign their lease to someone else.

When can you expect to hear back from your landlord?

Once a tenant submits their application, the landlord usually has 10 days to request any additional information. If the landlord doesn’t respond to the tenant’s request within 30 days, the tenant must consider this as silent consent. This allows him/her to proceed with the proposed new york sublease agreement.

However, if the landlord chooses to respond, then he must do so in writing. If a landlord denies the tenant’s request for subletting their apartment, it is compulsory for them to give a reason.

Is it possible to challenge a landlord’s denial of a standard sublease agreement?

While it is mandatory for the landlord to give a reason for denying a sublease application, the tenant can challenge it. Furthermore, the landlord can only reject the application if he has a good reason.

These apply to the suitability of the proposed subtenant rather than the flimsy whims and preferences of the landlord. For example, if the subtenant is unable to afford the rent of the apartment. The sublessor is ultimately responsible for paying the rent of the property unit, therefore, this claim is not important.

Is it possible for a tenant to evict a subtenant?

It is essential that both parties agree on all the terms and conditions before they sign the NYC sublease form. According to the agreement, the primary tenant reserves all rights to evict the subtenant if they wish to do so.

Get Our Free New York Sublease Agreement Template Now!

Are you looking to rent out your rented properties? A New York Sublease Agreement helps tenants rent out a portion of their rented property to other individuals while assuring all legal compliances. Use our free template to create a sublease agreement for yourself now.

Get your FREE Sublease Agreement by clicking below.

Conclusion

Now with all the knowledge of the New York sublease agreement, you can decide to get the contract template from CocoSign. CocoSign is always there to lend a helping hand by providing templates for various kinds of leasing and subleasing agreements.

DOCUMENT PREVIEW

NEW YORK SUBLEASE AGREEMENT

 

 

This is an agreement to sublet real property (hereinafter known as the "Sublease")         between ______________________________________ (hereinafter known as the        Sublessor” ) and ______________________________________ (hereinafter known as the Sublessee ). The Sublessor agrees to sublet, and the Sublessee agrees to take      possession of the property located at ________________________________________

_____________________________________________________________________ .

(hereinafter known as the Premises ) under the following terms and conditions:

I. Term. Tenancy of this Sublease shall begin with the Sublessee taking possession   on the ____ day of _______________________, 20____ and ending on the ____ day of _______________________, 20____. Under no circumstances shall there be         holdover by the Sublessee.

II. Rent. The rent under this Sublease shall be $____________________ (US Dollars) payable on the ______________ of every Week Month. The rent shall be paid in

the following manner: ____________________________________________________ III. Utilities. The Sublessor agrees to pay for the following utilities:

______________________________________________________________________

All other utilities shall be the responsibility and expense of the Sublessee.

IV. Liability. Sublessee agrees to surrender and deliver to the Sublessor the premises  including all furniture and decorations within the premises in the same condition as they were at the beginning of the term with reasonable wear and tear accepted. The             

Sublessee will be liable to the Sublessor for any damages occurring to the premises,     the contents thereof, the living areas, including any common spaces. All actions

 

conducted by any guests of the Sublessee are the responsibility and liability of the Sublessee.

V. Guests. There shall be no other person(s) living on the Premises other than the    Sublessee. Guests of the Sublessee are allowed for periods not lasting for more than forty-eight hours unless otherwise approved by the Sublessor.

VI. Security Deposit. The Sublessor shall require a Security Deposit in the amount of   ____________________ (US Dollars) that will be paid at the beginning of the term. Any damage or repairs needed at the end of the term due to the Sublessee shall be credited against the Security Deposit. Any reason for retaining a portion of the Security Deposit  shall be explained in writing when returning the funds to the Sublessee. The funds shall be sent to the Sublessee within ____ days after the Sublease has ended with the           Sublessee vacating the Premises along with their possessions.

VII. Move-in Checklist. At the time of taking possession of the premises by the

Sublessee, the Sublessor and Sublessee:

shall fill-in a move-in checklist.

 

 

shall not fill-in a move-in checklist.

 

 

VIII. Lead-Based Paint. The Premises:

 

was built before 1978 and the Lead-Based Paint Disclosure form shall be attached to

 

 

this Sublease.

 

was not built before 1978.

 

 

IX. Master Lease. This Sublease must follow and is subject to the original lease        agreement between the Sublessor and Landlord, a copy of which has been attached,

 

and is hereby referred to and incorporated as if it were set out here at length. The         Sublessee agrees to assume all of the obligations and responsibilities of the Sublessor under the original lease for the duration of the Sublease.

X. Disputes. If a dispute arises during or after the term of this Sublease between the Sublessor and Sublessee, they shall agree to hold negotiations amongst themselves before any litigation.

XI. Written Agreement. This Sublease constitutes the sole agreement between the Sublessor and Sublessee with no additions, deletions, or modifications that may be accomplished without the written consent of both parties (ANY ORAL

REPRESENTATIONS MADE AT THE TIME OF EXECUTING THIS LEASE ARE NOT

LEGALLY VALID AND, THEREFORE, ARE NOT BINDING UPON EITHER PARTY).

XII. Language. The words Sublessor” and Sublessee as used herein include the plural as well as the singular; the language in this Sublease intends no regard for   gender.

XIII. Smoking Policy. Smoking on the Premises

 

is not allowed in the Premises or any common areas.

is allowed in the following areas:

 

 

 

________________________________________________________________ .

XIV. Original Copies. Each signatory to this Sublease acknowledges receipt of an executed copy thereof.

XV. Landlords Consent. The original lease between the Landlord and Sublessor: does allow subletting.

 

does not allow subletting but consent by the Landlord has been given to the

 

 

Sublessee to take possession of the Premises.

 

does not allow subletting and consent by the Landlord will be asked when

 

 

immediately after this Sublease has been authorized. If the Sublessee is denied by the Landlord, this Sublease shall be cancelled with the Security Deposit returned to the     Sublessee with no further liabilities by either party.

XVI. Governing Law. This Sublease shall be bound to the laws in the State of New York.

XVII. Additional Terms or Conditions.

 

____________________________________________________________________ .

XVIII.  Date & Signature. The parties hereby bind themselves to this agreement         with their authorization affixed below on the ____ day of _______________________,

20

Sublessor's Signature _______________________ Date __________________

Print

Co-Sublessor's Signature _______________________ Date __________________

Print

Sublessee's Signature _______________________ Date __________________

Print

Co-Sublessee's Signature _______________________ Date __________________

Print

Landlords Consent

 

I hereby give my consent to subletting of the above-described premises as set out in this sublease agreement.

Landlords Signature _______________________ Date __________________

Print

 

 

ORIGINAL LEASE ATTACHED (INITIAL) _______ _______ _______ _______

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