New Mexico Application for Sublease

State:
New Mexico
Control #:
NM-831LT
Format:
Word; 
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Description

This Application for Sublease is a potential Sub-Tenant's application to Landlord for Sub-Lease. Contains information relevant to Landlord's decision to grant or deny Sub-Lease. If granted, Sub-Tenant becomes responsible for rent and complying with terms of lease agreement.


The right of a tenant to sublet largely depends upon the terms of the original lease. If the lease is silent regarding the rights of the lessee to sublease, it is generally accepted that the tenant may sublease. However, if the terms of the original lease state that the premises may not be sublet by the tenant, then of course the tenant may not. The difficult situations occur when the original lease states that the premises may be sublet subject to approval by the lessor. It is advisable that the parties state in advance under what conditions the landlord may withhold his or her consent. Otherwise, the provision will be interpreted by the courts under the standard of "reasonableness".

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FAQ

Collect each party's information. Include specifics about your property. Consider all of the property's utilities and services. Know the terms of your lease. Set the monthly rent amount and due date. Calculate any additional fees. Determine a payment method. Consider your rights and obligations.

Provide all relevant documents. You'll need the following documents for your rental application: Have a completed set of documentation for all applicants. Write a cover letter. Prove you can pay the rent. Get your references ready. Secure a guarantor.

Keep in mind you should only tell tenants that you've rented the unit to other applicants if it is true. Prospective tenants could claim you are rejecting them based on discriminating reasons. To avoid this, you can always just say, We're sorry but we've rejected your application.

The Tenant Doesn't Make Enough Income. The Tenant Smokes. The Tenant Has a Pet. The Tenant's Income Isn't Verified. The Tenant Has Been Convicted of a Crime. The Tenant Does Not Have Rental History. The Tenant Has a History of Damaging Property and Not Paying Rent. The Tenant Provides False Information.

Online Rental Applications Can Reduce the Risk of Identity Theft. With more and more personal data moving online, your prospective tenants want to make sure that their information is safe. There are identity theft scams that will scoop a tenant's information, including that person's credit information.

You lack references or have poor references Not providing any references, or having someone give you a poor reference, could cause the apartment manager or landlord to deny your application.

Make sure you have all the correct documentation. Save time and apply online. Get your housemates into gear. Be on time to inspections. Be presentable at the inspection. Be reasonable and pleasant on the day of the inspection. Follow up.

To deny a tenant application, you need to let the prospective tenant know that you will not be selecting their application by sending them an adverse action letter. This letter informs the tenant why they are being denied, and if there is any way that their application can be reconsidered.

Collect each party's information. Include specifics about your property. Consider all of the property's utilities and services. Know the terms of your lease. Set the monthly rent amount and due date. Calculate any additional fees. Determine a payment method. Consider your rights and obligations.

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New Mexico Application for Sublease