Sublease
Sublease
Out of context: Reply #5
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- monospaced0
I just did this last year. The management company told me to find someone to take over the last 5 months of my lease at the current price, or he could sign an entirely new lease with a higher rent. All I had to do was sign a document that the management company drafted, called a lease break, which stated what was going on. Ultimately I was still responsible for the apartment since I was on the original lease, but the new tenant took over, and he ultimately signed a new lease on the apartment saving me the hassle of any cleanup.
- any 'new' lease will usually have a rent bump, it's just how it is, it's not a US thingmonospaced