Summer Sublease Perfect for College Students
Summer is fast approaching, and college students throughout the
world are rejoicing. Whether you're spending your summer working
or playing, the thought of moving out of those smelly dorms and
into an apartment has probably crossed your mind more than once.
If so, you'll need to learn a little about subleasing.
Typically, landlords will not directly rent out apartments for
terms shorter than six months. However, they realize that there
are tons of students out there looking for summer solstices.
This is where subleasing comes in.
Subleasing consists of you - the restless college student -
renting from another tenant who is temporarily moving out. With
subleases, the landlord is relieved of many of the hassles that
come along with finding new tenants and making them happy. He or
she doesn't have to worry about the costs that come along with
preparing the apartment for the new tenants or drawing up a new
lease. This is now the responsibility of the original tenant.
For example, Jean has lived in the same apartment for two years.
Last week she was cast in an acting troupe, which will take a
three-month tour through the U.S. Hesitant to leave her dream
apartment behind, she decides to lease it out to someone
(sublet) during those three months. Lucky for Sam - a restless
college student - he sees an ad in the paper for Jean's
apartment and decides to move in. Before things are officially
official, Sam - and anyone else interested in subleasing will
need to check out a few things:
* Make sure the landlord knows the apartment is being subleased
and get his/her okay in writing. * Find out if your are supposed
to pay the landlord directly, or if you pay the old tenant. *
Find out whom is responsible for maintenance. * Ask if there is
a security deposit. * Get landlord to perform an inspection on
the property before moving in so that you don't get blamed for
property damages you didn't make * Set up your own accounts for
power, gas, water, telephone and cable TV services so you don't
get stuck with any of the old tenant's bills.
Subleasing is perfect for college students trying to get away
for the summer. Typically, the old tenants will leave furniture
and appliances behind for you to use. So say goodbye to those
bunk beds and community bathrooms, and find an apartment for the
summer.