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When unexpected situations arise, you may need to move without terminating your lease and risking your security deposit. Subleasing your rental property is an option, but it's essential to understand the governing laws. This video provides crucial information on subletting a property. A Colorado sublease agreement is a legal document allowing current tenants to lease all or part of their rental to someone else, but only if the original lease allows it. Subletting can keep your unit occupied during an absence and can generate extra income. However, it poses legal risks that should be considered carefully.