Wednesday, December 7, 2011

To Sublet or Not To Sublet

In NYC people sublet all the time. That being said, it may not be such a good idea to do so. Many times tenants sublet their apartments without notifying their landlords which then makes it illegal, resulting in both the tenant and the subtenant's eviction. According to Sublet in NYC, subletting in NYC condos or coops is almost always illegal as condo/coop boards rarely approve subleasing apartments in their buildings. The company cautions against subletting in these types of buildings. As for subletting in single-owner buildings, always get the "landlord approval in WRITING without exception". Happy Subletting!

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