Terminator Files: Exploring the Saga

Written by Greystar
Edited by Greystar
November 13, 2023

What is Subleasing?

Subleasing, also known as subletting, is when you rent out your leased apartment to someone else for a determined period of time. While you’re still responsible for the lease with your landlord, the new person (your subtenant) pays rent to you. There are many ways why a sublease would benefit both parties, but overall, it has to do with flexibility. You may be looking to get out of your lease early without fees or penalties, while someone else may only need a place to live for a short while.

Common Reasons People Sublease

  • Temporary job relocations
  • Extended vacations or travel
  • Study abroad programs
  • Financial challenges
  • Avoiding penalties for breaking a lease early
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