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When unexpected situations arise that necessitate moving, subletting your rental property is an alternative to terminating your lease and losing your security deposit. However, you must consider the laws that govern subleasing agreements. This video tutorial provides essential information on subletting a property. In Colorado, a sublease agreement is a legal document allowing current tenants to lease part or all of their rental property to another person, as long as the original lease permits it. Subletting can keep your rental unit occupied during your absence or help generate extra income. Nevertheless, there are legal risks associated with subletting that should be carefully evaluated.
