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If you need to move unexpectedly and want to avoid terminating your lease and losing your security deposit, consider subletting your rental property. Be aware that there are laws governing subleasing, which must be understood. A Colorado sublease agreement is a legal document that allows current tenants to lease all or part of their rental property to someone else, provided the original lease permits it. Subletting can ensure your unit remains occupied during your absence or help generate extra income with a roommate. However, it's essential to recognize the legal risks involved in this arrangement.