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Updated over 5 years ago on . Most recent reply

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Forrest Bush
  • Carroll County, MD
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Should I allow subletting?

Forrest Bush
  • Carroll County, MD
Posted

I have had great tenants in my rental for 15 months with no serious problems. They are 3 months in to a year lease and are now asking for permission to sublet or reassign because they want to move sooner. The lease states that they need my permission to sublet or reassign the lease, but I really don't see any advantage to allowing them to do so. What are your thoughts?

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Mike McCarthy
  • Investor
  • Philadelphia, PA
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Mike McCarthy
  • Investor
  • Philadelphia, PA
Replied

If they are moving out, I wouldn’t. I’d figure out an amicable early lease termination and let them move on and get a new tenant. Maybe 1 month rent termination fee.

That way you can screen them, get a security deposit, handle them directly if there are issues, etc etc.

I’d only consider subletting if it’s a short-term thing and the original tenants are coming back.

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