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A sublease is the re-renting of property by an existing tenant to a new third party for a portion of the tenant's existing lease contract. The sublease agreement may also be called a sublet.
Your request letter should contain all the basics ? your reason for wanting to sublet, the start and end dates of the sublease, the name of your proposed tenant and their current address, contact information for your time away and your roommate approval form.
Lessee shall not assign this Lease or sublet any portion of the Premises without prior written consent of the Lessor, which shall not be unreasonably withheld. Any such assignment or subletting without consent shall be void and, at the option of the Lessor, may terminate this Lease.
How to create a sublease agreement Provide a description of the property. ... Add the names of the tenant and subtenant. ... Lay out the terms. ... Discuss any additional information. ... Decide the amount of rent. ... Determine the security deposit amount. ... State any late fees. ... List the policies and/or conditions.
There are no specific laws in New Mexico that pertain to subletting. However, if your original lease states this isn't allowed, you cannot do so. The landlord cannot refuse a sublease for no reason, but they can request that you get permission for any changes.