Sublease Protection and Tips

[Collyn Chipera]

Hi all,

I am currently in a lease by myself for a 2br/2br apartment and have noticed the complex is leasing the same unit for $300 more a month today than what I am locked in at. I still have 10 months remaining on my lease and I do not need all of this space and am considering subletting. I have never done this before and am looking for some tips on liability protection or any other useful tips you may have for me regarding this. I looked in my lease and subletting is allowed with written consent from management. My idea is to get a sublessee to sign for a rental rate under what they are currently leasing out this unit for but more than what I am locked in at. Then, go rent a room out from a friend and in turn make a huge reduction in my living expenses. Any and all tips are appreciated.

Thanks!