College Cribs is a student housing platform designed by former college students and current real estate brokers to help students sublet their lease and find reasonable homes away from home for their education. Finding quality student housing can be one of the biggest challenges of your college experience, but not with College Cribs. We are here to help.
Please verify by checking your originally signed lease agreement. Generally, you are only allowed to sublet if you have your landlord’s consent. When you sublet, although you’re still a tenant, you act as a landlord by leasing your rental unit to someone else, a subtenant.
Please verify by checking your originally signed lease agreement. Generally, you are only allowed to sublet if you have your
landlord’s consent. When you sublet, although you’re still a tenant, you act as a landlord by leasing your rental unit to someone else, a subtenant.
All sublets should have a written agreement in order to prevent potential disputes
and disagreements. Find here our recommended sublease agreement.
If you choose to sublease your apartment, regardless of what is written in your sublease agreement, you are still liable to your landlord for all the terms and conditions under your master lease. The original tenant is responsible for the monthly rent since they’re serving as the middleman between the subtenant and the landlord. That means, if your subtenant does not pay rent for six months, you remain liable to your landlord for all rental arrears, late fees, and legal fees pursuant to the master lease.
Please verify by consulting with your landlord or property manager. Generally, we recommend subtenants pay directly to the landlord in order to avoid potential issues. If subtenants pay rent to the original tenant, that person may not pass the payment along to the landlord and it could result in an eviction action where the subtenant, not the original tenant, loses their housing.
It is essential the existing tenant and subtenant take photos in order to properly assess the current condition of the apartment. If the security deposit is ultimately not returned in full, both parties should be able to accurately assess the party’s responsibility for the damages
Recommended practice is to wait until the end of the master lease agreement and have the original tenant receive the security deposit back. In the event the tenant receives less than their original security deposit, both parties should be able to accurately assess what damages (if any) are attributable to the original tenant versus the new tenant
The original tenant and subtenant should complete a check-out / check-in form together in order to accurately assess the condition of the apartment Renters should make copies of the completed forms and send originals to the landlord. This will prevent future disputes regarding damages to the apartment. If any furniture, appliances or electronic items are left in the unit to be used by the subtenant, both the original tenant and subtenant should carefully document the condition of the items. Find here our recommend check-in / check-out forms
This ensures greater privacy and control for viewings of the apartment while granting College Cribs enough time to fully address the needs of our clients. We believe in delivering the best service to our clients and believe this helps us deliver on our service.
Good question, the answer ultimately depends on the length of the sublet due to our dynamic pricing model. For leases of 3 or fewer months, we charge 10% of the remaining lease value. For leases in excess of 3 months, we charge 5% of the remaining lease value. For example, if a tenant was looking to sublet their apartment for 3 months where they pay $1,000 per month, College Cribs would charge 10% of the remaining $3,000 (3 months x $1,000 per month rent) lease value resulting in a $300 fee upon successful subleasing of the apartment. For the avoidance of doubt, all fees are paid by the original tenant seeking to sublet their apartment.
Please click on our link and fill out our subleasing application form. Once completed and approved, a member from the College Cribs team will reach out for photos, description details and other information regarding the apartment prior to listing on our website.