The Oklahoma sublease agreement is a contract that allows an existing tenant to rent (“sublease”) all or part of a rental property to a new tenant (“sublessee”). In exchange, the sublessee makes recurring payments that relieve some or all of the sublessor’s rental obligations under the original lease.
Since the sublessee are tied to a fixed-term lease, they would be responsible for paying the rent until the term expires, but this financial responsibility can be passed to another who needs a rental in the area. They will have to pay the same rent and follow the terms of the rental agreement.
Subletting Laws in Oklahoma
There are no specific subletting laws in this state the tenant will need to abide by if they decide to create a subletting agreement. The landlord will have to permit it unless they have stated explicitly in the original lease the subletting is not allowed. Before beginning any subletting lease, it is essential for the tenant to send a written notice to the landlord asking their permission to do such a contract. Make sure that the notice is sent by certified mail so that receipt of it is known, and if the landlord does not respond within 30 days, the tenant can assume that the landlord grants their permission for the sublease agreement.
What to Include in an Oklahoma Sublease Agreement
- The date that the agreement begins and ends. Also, include whether a renewal of the lease is possible.
- The full name of the sublessee and the sublessor.
- The address of the rental property as well as any cross streets.
- The terms of the lease. This will include parking rules, pet rules, and other rules that the new tenant should know about.
- The amount of rent that the new tenant will be responsible for paying. Also, include how the sublessee should pay the rent and whether they will have contact with the landlord.
- The security deposit and other expenses that they will be required to pay. This will include utilities as well.
- Both parties must sign and date the document.