see also
FAQs
How to find subleases in New York? ›
Local Newspapers and Community Boards: Check sublet listings in local newspapers, community boards, or online marketplaces. Social Media: Utilize social media platforms, such as Facebook groups, or Twitter, where people often post available sublets or ask for recommendations.
What are the rules for subletting in NY? ›You are entitled to request permission to sublet from the owner, and the owner may not unreasonably refuse such permission. However, you must inform the owner by certified mail, return receipt requested, no less than 30 days prior to the proposed subletting.
Is subletting in NYC easy? ›Before subletting your apartment, you must notify your landlord and provide them with a 30-day notice. Under New York law, landlords cannot unreasonably withhold the right to sublet. However, they can refuse to sublet with a valid reason, such as concerns about the proposed subtenant's financial stability.
What does subletting mean? ›A sublet, or sublease agreement, adds someone new to an existing lease. Usually the new person (subletter) replaces someone who is moving out (sublessor or sublessee) but it can also happen with any new person being added to a lease.
What is a month to month no lease NYC? ›Month to Month Tenants
Renters who do not have leases and pay rent on a monthly basis are called “month-to-month” tenants. In localities without rent regulation, tenants who stay past the end of a lease are treated as month-to-month tenants if the landlord accepts their rent (Real Property Law § 232-c).
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What is the difference between sublet and sublease? ›The terms sublet and sublease are often used synonymously, but they have very different meanings. The gist is that a sublet occurs when you find a new renter for the property who will sign a new lease with the landlord, while a sublease occupies the space without signing a lease directly with the landlord.
What is the roommate law in NY? ›When only one tenant is named on a lease, the tenant has the right to take in a roommate and the roommate's dependent children. When two or more tenants are named on the lease, the number of tenants and roommates cannot exceed the number of tenants named in the lease.
Is subletting illegal in NY? ›All renters are entitled to sublet their apartment. Under the law a landlord cannot unreasonably withhold the right to sublet. However, the landlord can refuse to sublet with good reason. If you want to sublet your space, you must inform your landlord and give them a 30-day notice.
What are the negatives of subletting? ›An example of a disadvantage of subletting is that there is a further party in the commercial lease process, which can cause complications. Also, both the commercial tenant and landlord sometimes have less control over the lease terms.
What is an illegal sublet in NYC? ›
New York City law allows market-rate and rent-stabilized tenants to sublet their apartments if they live in a building with four or more units. New York City law does not allow tenants that live in multiple dwellings (3 apartments or more) to sublet apartments for less than thirty days.
What is the difference between a sublet and a sublease in NYC? ›In a sublet, the new tenant is responsible for the property and any damages that may incur. In a sublease, the original tenant is responsible for the rental property. If the new lessee damages the property, the first tenant will carry the legal financial and legal responsibility.
Why do landlords hate subletting? ›Landlords have the right to deny subletting requests under state law, but they need to base their refusal on legally valid reasons. These reasons can include: The prospective subtenant has poor credit or can't prove they can afford the rent. Allowing the sublet would result in too many people living in the unit.
Does subleasing affect your credit? ›Depending on how your property management company reports the data, it may appear on your credit report. So, it's important that you are mindful of the lease agreement conditions. Leaving your studio without providing advance notice, finding a subletter or making similar arrangements could affect your credit history.
What does rent by subletting mean? ›to allow someone to rent all or part of a building that you are renting from someone else: They have instructed us to sub-let 20,000 sq ft of offices. to rent all or part of a building from another person who rents it from the owner: We sublet the offices from the principal tenant.
Are month-to-month leases legal in NYC? ›There is often no lease in a month-to-month tenancy, which may be ended by the landlord or the tenant. However, notice must be given at least one month before your next rent payment is due. Public housing authority leases have their own regulations and specific lease conditions.
How much does it cost to break a lease in NYC? ›This fee can range from anywhere between a thousand bucks to 3+ months rent but is typically set at either 1 or 2 months rent. You'll also likely need to give your landlord at least 30 days' notice of your intention to break the lease.