There are many people who are subletting an apartment in NYC if they will be out of the city for a while, or have a temporary job elsewhere. If you consider sublet you need to know basic rules at least. This is a great option but you have to follow the rules and the law while doing this. So check these tips before you schedule your Heart Moving Manhattan NYC services and take off.
Subletting an apartment in NYC – how to
The most usual question with subletting is can you do it and how to do it. In fact, you can sublet your apartment if you want to. You can even get storage services to help you out. But you still need to ask a landlord for his permission.
According to the law, he can deny it, but only if he has a good reason for it. The landlord cannot deny it without an actual reason. Before you begin with this process, it is wise to read your contract. Check if you have a rigid contract or not. This type of contract is strict and you might breach its terms by subletting.
Even if you have a flexible contract you still have to ask a landlord for permission. This has to be official, so you can send them an email or a letter.
Be careful while choosing a tenant
When you are re-renting your apartment, it is important to carefully choose a tenant. Before you decide to whom you will sublet, make sure that you do some research. Have in mind that you still have a contract for the apartment with your name on it. Even if you are subletting, this won’t replace your own lease. This is why it is important to do a credit check on the potential renter. The best solution for picking a good renter is to have a reference from somebody trustworthy. Don’t do this in haste, while you are packing your moving boxes Manhattan. Leave enough time to do research and choose the renter.
Check your renter’s insurance when subletting an apartment in NYC
If you were smart enough to get renter’s insurance, be careful cause it might not cover subletting an apartment in NYC. See what your insurance policy covers and make sure that you ask for a safety deposit, just in case.
Subtenants are also protected by the law
If you are subletting a rent-controlled apartment, you need to understand that that is not a way to earn some extra cash. You have to set a reasonable price for re-renting. You can add up to 10% of the price for example if you are subletting a fully furnished apartment. By no means you can turn a huge profit when subletting.
In conclusion, subletting an apartment in NYC is legal and is a good solution if you are going away for a while. Especially when moving and having to cover your local movers Manhattan costs as well. Somebody will pay the rent and you won’t have this expense and also have a place to come back to.