Sublease for Residential Property (CO)

If a tenant wants to get out of a lease that is not yet expired, one option is to sublet the premises to another party. For example, if a tenant signs a lease for 12 months and wants to move after 10 months, they can try to sublet the premises for the remaining 2 months. Another example is if a tenant will be gone for the summer, they can sublet the rental property for June through August, and then resume occupancy in September. This can be done using a "Sublease," which is an agreement where the original tenant (called the "Sublandlord") sublets the premises to another party (the "Subtenant").

With a sublease, the original tenant is still responsible for all the conditions stated in the original lease agreement, even if there is a new tenant who pays the rent. However, the original tenant, as a new sublandlord, can use the sublease to set terms for their agreement with the new subtenant. This can include things such as the amount of rent and when it's due to the sublandlord, who pays for utilities, and any security or pet deposits.

This particular sublease is for residential properties. Note that in most cases the sublandlord must get the landlord's written consent to sublease, which you'll have the option to include in this document.