A sublease is when a tenant wants to give a third party (known as the subtenant) rights to rent all or part of their rental property for the remainder of the lease or rental agreement. The landlord must also consent to the sublease.
The tenant may want to sublet the property for a variety of reasons.
For example, if a tenant is leaving the country for an extended period of time, instead of having to pay rent for a property they are not living in, they could have a subtenant take over their lease.
A tenant may also want to use a sublease to rent out a portion of the property to someone else. For example, it is common to have a parent or in-law living in an accessory apartment, which is usually located in a sectioned-off part of the home or property.
A Sublease Agreement can be used for any type of residential property, such as a/an:
- House
- Condo
- Apartment
- Accessory apartment (also known as a granny flat or in-law suite)
- Townhouse
- Duplex
- Basement apartment or suite
- Garage
- Room
A Residential Sublet Agreement is sometimes referred to as a:
- Sublease Agreement
- Sublease Contract
- Sublet Contract
- Share Housing Agreement
LawDepot's Australian residential sublease agreement can be customised for use in the following states and territories:
- Australian Capital Territory (ACT)
- New South Wales (NSW)
- Northern Territory (NT)
- Queensland (QLD)
- South Australia (SA)
- Tasmania (TAS)
- Victoria (VIC)
- Western Australia (WA)