What does Reletting an apartment mean?

What does Reletting an apartment mean?

A "relet" means a new tenant is responsible for a unit and pays the landlord. A "sublease" or "sublet" means someone else pays the rent, but the original tenant is still responsible for the rent and damages to the unit.2021-11-23

What does a Reletting charge mean?

Reletting Expenses is defined to include all expenses incurred by Landlord in connection with reletting the Premises, including without limitation, all repossession costs, brokerage commissions, attorneys' fees, remodeling and repair costs, costs for removing and storing Tenant's property and equipment, and rent ...

Is Reletting breaking a lease?

Reletting: Reletting is when you or your landlord find a new renter to take over your lease. ... Because your original lease is still active, you aren't technically breaking a lease if you sublet (although you still won't get your security deposit back until the end of your lease). Not all landlords allow subletting.2020-12-14

What is subletting an apartment mean?

A sublease is the re-renting of property by an existing tenant to a new third party for a portion of the tenant's existing lease contract. ... Even if a sublease is permitted, the original tenant is still liable for the obligations stated in the lease agreement, such as the payment of rent each month.

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