What is Subletting?

Subletting is the process of renting out a rented property to someone else temporarily, while the original tenant is away. This arrangement allows the original tenant to sublet the property to a subtenant, who will pay rent directly to the tenant instead of the landlord.

Subletting Process

The subletting process typically involves the original tenant finding a subtenant who is willing to take over the lease for a set period of time. The subtenant will then pay rent to the original tenant, who remains responsible for paying the landlord.

Renting Out Property

When subletting, the original tenant becomes a landlord to the subtenant, taking on the responsibilities of managing the rental property, ensuring maintenance, and collecting rent.

Benefits of Subletting

Subletting can be beneficial for the original tenant as it allows them to cover rent during periods when they are unable to occupy the property. It also provides flexibility for tenants who may need to move temporarily for work or travel.

Pitfalls of Subletting

However, subletting can also come with risks such as potential damage to the property by the subtenant, conflicts with the landlord due to subletting without permission, or financial issues if the subtenant fails to pay rent.