A Residential Sublease Agreement is necessary when a party (“Sublessor”) leases or rents part or all (of an already rented or leased property) to another party (the “Subtenant”). Subletting is quite common. Often an unexpected change in circumstance comes up, and the original Tenant cannot be let out of their existing lease or rental agreement. So a Sublease is created to fill in the gap. It is important prior to entering into a Sublease to review the original Sublease Agreement. It is possible that the consent of the Landlord may be necessary prior to entering into a Sublease Agreement. Also be aware that the Landlord is not required by law to consent to a Sublease, so this subject may need to be approached delicately in some situations. Also be aware that some states require that the Sublessor and Subtenant conduct an inspection of the premises, prior to the agreement being signed or prior to moving in. A Joint Inspection form can be very helpful, whether it is a state law requirement or not, as it prevents misunderstandings between the parties.

It is important to note that if you are contemplating the use of a Sublease Agreement, all the usual property laws apply. Some states consider oral rental agreements invalid, therefore having your Sublease well documented and in writing is essential for not only your protection, but that of your Subtenant as well. Note that if more than one Subtenant signs the Sublease, each Subtenant can be held responsible for all requirements under the Sublease if any of the other Subtenants fail to meet their obligations.

Feel confident in using this Sublease Agreement, which is up-to-date and has been drafted by an attorney. This agreement is simple to use, accurate and has been drafted for this type of transaction.

These Important Provisions are included in this Oregon Residential Sublease Agreement:

• Basic Lease Terms: Includes term, description of property;
• Rent Payments: Including the amount of rent, when it is due, and late payments;
• Security Deposit: Amount of security, and how it will returned;
• Default: What determines a default of the agreement;
• Quiet Enjoyment: The new tenant (Subtenant) is entitled to quiet enjoyment the premises;
• Assignment and Subletting: Will define if and when these are appropriate.

Protect Your Rights, Your Property and Yourself, with these accurate and easy to use forms.

This lawyer prepared packet includes:

1. Instructions and Checklist for Oregon Sublease Agreement;
2. Information about Sublease Agreements;
3. Sublease Agreement;
4. Inspection Checklist;
5. Lead Paint Disclosure.

State Law Compliant:This form complies with the laws of Oregon.