So you have to get out of your apartment home fast, but you are in the middle of a lease. What are you options? This is no an easy place to be, but it’s not impossible, Likely it will cost you plenty of your time and unfortunately some money.
But we have put together the exact steps you will want to take in order to get through this process as quickly and pain free as possible.
- Read your apartment lease thoroughly. There should be something related to potentially subletting your unit. If you don’t see any clauses relating to this, its a good idea to contact your landlord. A reasonable landlord will normally be able to work with you. If you attempt to sublet your place without permission, you maybe evicted which can crush your credit report and your future rental history.
2. Produce a legal sublet contract. This is in no way a complete list, but are the basics that anyone of these contracts should contain.
- The days of the lease from inception to termination.
- How much security deposit the lessee should be responsible for. If they cause some damage to the apartment you will be responsible for the repairs.
- Have the renter fill out an inspection worksheet. This is similar to something you probably filled out. It allows them to notate any damage to the home they don’t want to be held responsible for.
Tips on How to Find the new Tenant
Filling out the paperwork is the easy part. Actually finding someone that will move-in your place is the most difficult. If you already have roommates, then this can compound the issue.
The easiest ways are to use the Facebook Marketplace and even Craiglist. Depending on your city, you might be able to use the services of an apartment finder that can list your rental online. Remember that the more eyeballs you have on your listing, the better. They will likely also charge you a fee. But if they can produce a tenant, they will save you time and money on your end in the long run.
How to Qualify the Renter
Remember, you don’t want to lease to just anybody. You will need to run a full background check and verify income and employment. Ask you landlord what the income qualifications are? You should already know because he or she probably verified yours as well.
This is a very important part of the process as if they fail to pay their rent, you will be on the hook. The criminal background check is just as important, especially if the new tenant will be living with roommates of yours.
Your landlord may have specific criteria a tenant must meet. If they don’t allow felons then you will have to abide by these terms as well.
Don’t forget to ask about pets.
- If pets are allowed, you will need to charge a pet deposit.
- Many communities are also charging monthly pet rent as well.
- A non refundable pet fee may also be considered.
There you have it. These are the basics that you will need to consider when you want to sublease your apartment fast.