For a lot of people living in New York, subleasing was their first housing option. Short-term rental housing is a popular option in this city. If you will be away for a couple of months or more, subletting your apartment might be a great way to have someone looking after it while you are away while making some extra money.
Before listing your home for potential sub-lessees, there are a few considerations you need to make. Read on to learn how to sublease a property in New York City.
Building Rules on Subletting Your Apartment (Post Covid)
Although you have the right to sublet your apartment, you will need approval from your landlord. Approval is gotten by sending out a certified mail with a return- receipt requested, to your landlord once you find a lessee. This request must carry your personal information, that of the potential lessee, the reason for the sublease, intention to return to the unit, a copy of the sublet terms, and any other details relating to the sublease agreement.
Subletting an apartment is a simple process in New York City but you will also have to follow some simple rules like the regular heating laws as landlords.
30 Days Reception of Proposal
Your landlord is required to reply within 30 days of reception of the proposal. In case of denial of consent to sublease, the landlord must put forward valuable arguments as to reasons for refusal.
When you have a roommate, they must agree with your decision. It must be stated in writing as part of the subletting agreement.
Getting Your Apartment Ready to Sublease.
Make sure you leave the apartment clean for the new user. Take away all your valuables and fragile objects. You need to make sure all the amenities mentioned in the agreement are available before vacating the premise.
Always plan for emergencies and let someone else have a spare key to take care of unforeseen issues while you are away. Also, leave your contact information for your tenant to be able to reach you in case of any inquiry.