New York Sub-Lease | Roommate Agreement
The New York sublease and roommate agreements are very popular within the city and among university students as it allows a person who already has a lease with a landlord to rent the same space to another individual. There are two (2) ways to setup this agreement;
1.) Standard Sublease – This arrangement is when the tenant decides to allow someone else to take over the entire space.
2.) Roommate – Arrangement where the tenant is looking for an individual to rent a portion of the space.
In either case the tenant, or sublessor, should be aware that they will be subject to the same landlord-tenant laws as a property owner. Therefore they will be subject to the exposure of any non-payment of rent, damage, and possible eviction of the sublessee. For these reasons it is highly recommended that the sublessor screen any potential sub-tenants with the rental application.
- If either party has questions about their rights in the sublease they should refer to the New York City Rent Guidelines Board Frequently Asked Questions