If you choose to sublease, you will still remain liable to your landlord for all the terms under your lease agreement. For example, if the new subtenant does not pay rent for two months, you are liable to your landlord for that rent amount (and the inevitable late fees).
Who is responsible for damages in a sublease?
Like rent, you remain legally responsible for any damages caused to the apartment. The majority of complaints in regards to subletting apartments all involve damages by the subletter. You have to pay for those damages, or if the landlord makes those repairs, the funds for it will come out of your security deposit.
What happens if you sub lease?
Under a sublease, you grant a lease of all or part of your premises to a new tenant. You remain liable under your lease from the landlord, and continue to pay rent to your landlord and to otherwise deal directly with your landlord. The subtenant pays rent to you and normally has no direct dealings with your landlord.
What problems could there be with subletting?
Here are five legal problems that commonly occur in subleasing situations:
- Subletting may be illegal where you live.
- Your lease may not allow it.
- The subtenant doesn’t pay rent.
- The subtenant destroys property.
- Security deposit issues.
Is subletting against the law?
Is Subletting Illegal? In most cases, subletting is legal if the tenant obtains the landlords permission to let out the rental property. However, if the tenant sublets without written permission, they could come into legal difficulties.
Why is subletting bad?
If your lease doesn’t allow you to sublet your apartment, subletting could land you in serious legal trouble. You or your tenant might be evicted, and you could have to pay hefty fines. Your landlord could also sue you for damages caused by your tenant.
Who is responsible for repairs on a condo?
Section 89 of the Condo Act, states that the obligation to repair after damage does not include improvements made to units. Therefore, condo corporations are only responsible for repairing up to what is defined as the standard unit, and improvements made to a unit are each owners’ responsibility.
Who is responsible for repairs on a leasehold property?
Leaseholders must pay for repairs that the lease says they are responsible for. Leaseholders also usually have to contribute towards the cost of repairs that the freeholder is responsible for. You pay for these repairs through service charges.
What do I need to know about maintenance on my condo?
Condo owners should familiarize themselves with their declaration and by-laws to better understand what their condo corporation’s repair and maintenance obligations are, as well as their own. If any repairs or maintenance needs to be conducted, owners need to be aware of the following.
Who is responsible for repairs on a shared house?
Your lease will set out who is responsible for carrying out repairs to your home, the building and to any shared facilities. The freeholder is usually responsible for arranging repairs to: the building’s structure, including the roof and guttering shared parts of the building, such as lifts and communal stairways