A New York sublease agreement is a document that allows an initial tenant (a sublessor) to rent out the property to another tenant (a sublessee), either in full or in part. In New York, an original tenant has the right to sublet the property if they have permission from the landlord.
The initial tenant remains bound under the lease terms, so if the sublessee breaches the lease, the initial tenant is liable. A sublessor must honor the terms of the sublease agreement (as well as the original lease) and follow all New York laws regarding the eviction process, security deposits, and all other landlord-tenant matters.
Laws & Requirements
Sublease and Assignment Provision Laws: NY Real Prop L ยง 226-B
Landlord-Tenant Laws: NY Real Property L Article 7 (Landlord and Tenant)
Security Deposit Obligations: A sublessor must return a subtenant’s security deposit in full within 14 days if the sublessor doesn’t have any justified reasons to withhold it.
Notices: A sublessor must provide a subtenant with 14 days’ written notice to pay rent or leave. They must also notify the subtenant at least 30 days in advance if they plan not to renew either the original lease or the sublease.
Sample
View a New York sublease agreement template and download it as a PDF or Word file:
