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If you need to move unexpectedly but want to avoid terminating your lease and losing your security deposit, consider subletting your rental property. However, be mindful of the laws governing sublease agreements. A Colorado sublease agreement is a legal document permitting current tenants to lease part or all of their rental space to others, provided the original lease doesn’t prohibit subletting. This can be a good way to keep the unit occupied during your absence or to earn extra income by taking in a roommate. Despite the benefits, subletting does involve legal risks that must be considered.
