New Mexico Sublet Agreement Form – PDF Template
The New Mexico sublease agreement is a real estate contract that establishes a relationship with a tenant under a lease and another person, ‘Sublessee’, who is interesting in renting the same property. The original tenant, or ‘Sublessor’, has the option of renting the entire apartment or home or a portion of it.
Most standard leases prohibit the use of sublet arrangements, so the sublessor may have to seek written permission from the landlord or property manager in order for the sublease to take effect.
It should be noted that the sublessor is responsible for any wrongdoing or failure to pay rent. In the event the sublessee needs to be evicted, the sublessor will be legally liable for all costs related to the eviction. For these reasons it is highly advised that the sublessor review the sublessee’s credit and employment through the rental application.