Maryland Application for Sublease

State:
Maryland
Control #:
MD-831LT
Format:
Word; 
Rich Text
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About this form

The Application for Sublease is a legal document that enables a sub-tenant to apply for permission from the landlord to sublet a rental property. This application collects essential information to assist the landlord in making an informed decision about granting or denying the sublease. Unlike standard lease agreements, this form focuses specifically on the subleasing process, addressing the potential sub-tenant's qualifications and intentions.

What’s included in this form

  • Marital status and personal details of the applicant
  • Information about any other occupants who will live in the subleased premises
  • Current address and employment information
  • Financial disclosures, including monthly take-home pay and other income
  • Disclosure of any legal issues, such as bankruptcy filings or lawsuits
  • References from friends or relatives
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Situations where this form applies

This form should be used when a tenant wishes to sublet their rental unit. It is applicable in situations where the original lease permits subleasing with the landlord's consent or when the lease is silent on the matter. Completing this form properly can help avoid misunderstandings and ensures that the landlord's requirements are met.

Who should use this form

  • Tenants seeking to sublet their rental property.
  • Sub-tenants looking for a formal process to apply for a sublease.
  • Landlords needing to review prospective sub-tenants' information before approval.

Steps to complete this form

  • Fill in your marital status, the names of any other occupants, and your current address.
  • Provide employment details, including your job title and income.
  • Disclose any bankruptcies or current legal disputes, including relevant case details.
  • List three references alongside their contact information.
  • Sign and date the completed application to affirm the accuracy of the provided information.

Is notarization required?

This form usually doesn’t need to be notarized. However, local laws or specific transactions may require it. Our online notarization service, powered by Notarize, lets you complete it remotely through a secure video session, available 24/7.

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We protect your documents and personal data by following strict security and privacy standards.

Common mistakes

  • Failing to sign the application, which renders it invalid.
  • Not providing complete or accurate information, which may lead to denial.
  • Overlooking to disclose legal issues like pending lawsuits or past bankruptcies.

Advantages of online completion

  • Convenience of instant access and downloadable options.
  • Editability to customize according to specific circumstances.
  • Reliability from professionally drafted forms prepared by licensed attorneys.

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FAQ

Make sure you're allowed to sublet. Find a great sublet candidate (more on how to do this below). Set up your sublet agreement. Go to your landlord for final approval. Once your landlord gives the okay, start subletting.

The names of the parties (the tenant, the subtenant and the landlord); information of the master/original lease; the term of the sublease and whether the sublease is fixed or periodic; and. the amount of rent payable (if different from the master lease).

Name the parties. A simple rental agreement form needs to name the parties signing the lease and where they live. Describe the premises. Define the term of the lease. Set how much rent is owed. Assign a security deposit amount. Finalize the lease.

To know what rights you have as a subletter, as well as if you're allowed to be there in the first place, make sure to read the original lease between the landlord and the original renter before signing a sublet agreement. Also know that you have the chance to negotiate a rental price with the original renter.

Writing Your Sublease. State the name of the parties and the date of the contract. Identify the full names of each party and what their role is in the contract. The original leaseholder of the property is the Tenant and the person subletting the property is the Subtenant.

On your sublease agreement, include a list of various areas of the property (including the subtenant's room, hardwood floors, walls, exterior, etc.) and note its condition. And since you and your subtenant will need to abide by the original lease that you signed, it's important to include this with your sublease.

Record a liability calculated as the present value of the remaining minimum lease payments due under the original (head) lease, reduced by the present value of any estimated sublease income, Write off the deferred rent from the original lease, and. Record a loss on the income statement for the difference.

Subleasing occurs when the tenant transfers a part of their legal tenancy to a third-party as a new tenant.That means that if a new subtenant does not pay rent for three months, the original tenant that subleased the property is liable to the landlord for the overdue rent amount and any late fees.

Maryland law doesn't address subletting directly, meaning that it's up to each individual lease agreement to lay out the rules.If the lease allows subletting, but only with the landlord's written permission, then a tenant must get consent before subletting their unit.

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Maryland Application for Sublease