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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. It’s essential to follow relevant laws regarding subleasing. This video tutorial covers the necessary information to sublet a property effectively. A Colorado sublease agreement is a legal document that allows current tenants to lease part or all of a rental property to another person, provided the original lease allows subletting. Subletting can keep your rental occupied during your absence or help generate additional income, but it does carry some legal risks that must be considered.