The Vermont sublease agreement is the standard contract used between two (2) tenants looking to convey property rights from one party to the other. The first tenant is the individual who signed the original lease agreement to occupy the premises, known as the “sublessor”. The second tenant is considered the “sublessee”, which means they will be the new occupant who will be taking possession of the property for the time period recorded within the sublease. Before this form can be carried out, it is important to make sure that the primary tenant/sublessor has the right to sublet the property. Once filled out with the necessary information (rent payments, end/start date, security deposit, etc.) and signed, the sublessor will act as the landlord of the dwelling and is responsible for the position’s various tasks.
Definition of Sublease According to Vermont Law – § 4451(9)