Here are a few points we'd like to stress regarding our sublet policy:
All Sublets MUST GO THROUGH THE OFFICE
It is a violation of your lease to allow anyone to live in your apartment without doing the appropriate paperwork in the office. We must have certain information on everyone living in our buildings on file for security reasons. We will need to copy their photo ID for your file, and there is a $10.00 fee to process the paperwork. If we find out that someone is an illegal subletter in your apartment, GN Management has the right to change your apartment lock to protect the property against trespassers, and the original tenants may be subject to a fine of up to $100.00.
The Original Tenant is Ultimately Still Responsible for the Rent
Subletting is not a lease transfer. Your subletter is welcome to make rent payments directly to us. However, if your rent isn't paid by the fifth of the month as usual, you will be held responsible for the payment and any late fees—-whether you have a subletter or not. It is not our policy to legally pursue subletters for financial restitution. For this reason, we encourage you to work out payment arrangements on your own and have an agreement notarized (the Hub notarizes documents for students for free). This will provide you with grounds to file a complaint with the Magistrate against a subletter who defaults on your agreement.
The Original Tenants are Still Responsible for any Damages
All original tenants of an apartment are held accountable for any damages incurred during their lease term. We do not have security deposits from subletters, and therefore we cannot hold them responsible for damages.
The Original Tenants is responsible for Keys
All original tenants are given one set of keys. The original tenant is responsible for making sure the subletter gets their set of keys to use for the duration of the sublet, as well as making sure the sublet returns the keys to them. GN Associates does not hold keys in the office for the sublet to pick up or return. Summer sublets must return the keys to the office by the last day of the lease term in order to ensure the original tenant does not obtain a key charge.
Remember—subletting is done AT YOUR OWN RISK. If you are planning a sublet, or if you have any more questions about our policies, please feel free to call or stop by the office.