If a current tenant wants to sublet the property they are renting, it is a good idea for them to get their landlord`s approval first. As a general rule, the current tenant`s rental agreement lists specific rules for subletting. If written permission from the lessor is required to sublease, the current tenant may use the landlord`s consent for subletting. A copy of the masterlease must be attached to the unterlease contract. Both the original tenant and the subtenant are responsible for the conditions set out in the Masterlease, so the tenant should have a copy of the Masterleasing. After completing the document, the tenant and subtenant must sign the contract, as does the lessor in all provinces except New Brunswick. In New Brunswick, the initial lease announces whether the lessor must also sign the sublease agreement. In most provinces, there is also a rental act or similar legislation that states that the landlord must respond to a tenant`s request for subletting. Some provinces will allow sublease if the landlord does not respond within the time frame set by the province`s rent act. Other provinces are applying to the local tenant for subletting. This agreement can be used if the original tenant is removed from the property part of the remaining term of the original tenancy agreement. If the original tenant plans to be removed from the property for the remainder of the life, another document called a home transfer contract is required.
The subtenant can pay the rent to either the landlord or tenant to take over the space originally rented by the landlord. The subletting may not exceed the duration of the masterleasing (the lease signed by the original tenant at the time of the initial rental of the property). For example, if the original tenant has signed a one-year lease and has lived in the property for six months, a tenant can only rent the property for up to six months. In a sublease, either the original client changes ownership and a new client changes for the period specified in the sublease contract, or the original client leases part of the property to another client. The original tenant returns to the property and returns to the property before the end of the main lease, or, in the case of the original tenant who leases part of the property to another tenant, the new tenant moves before the end of the main lease.