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Updated about 3 years ago,
How to handle a sublease?
A tenant of mine was to sublease her apartment. She says she has a family member that is interested in the property. I informed the tenant that her family member would need to go through the same application process and income verification. I'm really not interested in subleasing I guess. I would be more inclined to a reletting process. I would void the original lease entirely and sign a new lease with the new tenant. I just don't want the headaches of subleasing. The tenant is saying there will be no break in payment. What are your thoughts on this? My lease just states that written permission is required for sublease or assignment.
If the new tenant fails to meet my criteria, I was thinking about charging a lease termination fee of one month. I would then just find my own tenant.