Indiana SubLease Agreement
The Indiana sublease agreement works by having the original tenant of a property, known as the sub-lessor, lease out the property to another individual, known as the sub-lessee. Both the original tenant and the sublessee would be living in the same property, and both would be contributing to the monthly rent, unless the the sublessor rent the entire space.
In a sublease, all of the responsibility rests on the sub-lessor, not the landlord. The landlord should be informed of any new sub-tenant(s) to remove any possible confusion. For example, if the sublessee decides to stop making their to the monthly payment, all of the responsibility would rest on the sub-lessor, meaning they would have to pay the monthly rent in full. Therefore a credit ad employment check with the rental app is highly recommended.
- Disclosure – If the premises were built prior to 1978, the sublessor will need to include the lead-based paint disclosure form.