The Alaska residential sublease agreement is a legally binding contract between a tenant and a subtenant that officiates the leasing of a property already rented by the tenant to the subtenant. The document contains the details of the sublease agreement between the original tenant also called the sublessor or sublandlord and the third party also called the sublessee or subtenant leasing the property from the tenant. A sublease is often used when the tenant is away during the duration of their lease and the sublessee will replace them. A sublease can last anywhere from a few months until the sublessor’s lease expires.
It should be noted that the sublease does not replace or terminate the original lease between the landlord and tenant rather it acts as a secondary lease giving the sublessee the right to reside in the property but still holds the sublessor accountable for any damages or lease violations that may occur for the duration of the sublease. The sublease is similar in function to a standard Alaska residential lease agreement so it should contain details such as the names and mailing addresses of the sublessor and sublessee, the agreed-on rent, a legal and up-to-date description of the property to be leased, any legally required disclosures, written consent of the landlord to subleasing the property and any rules or restriction the sublessor wish the sublessee to abide by.
Sublessor and Sublessee’s Names
In the Alaska residential sublease agreement, the names, and addresses of the sublessor and sublessee must be clearly stated in the contract to prevent any ambiguity in the future.
Landlord’s consent to sublease
In Alaska, it is illegal for a tenant to sublease a property they have rented without strict written permission from the landlord. For the sublease to be legal it must contain the landlord’s signature consenting to it.
Property Description
Like a standard residential lease agreement the sublease must contain a legal description of the property to be subleased to the sublessee; the type of residence, the number of bedrooms, the property name, the number of bathrooms, and the legal address of the property according to the local authorities.
Security Deposit
This covers the security deposit paid by the sublessee to the sublessor in a standard agreement it documents the amount in U.S. dollars and states that any repairs or maintenance required at the end of the sublease will be paid for from the security deposit and at the end of the sublease the security deposit will be returned to the sublessee within 14 days according to state law unless the security deposit is being used for repairs then it will be returned within 30 days.
Rent
The sublease must clearly detail the rent amount, the rent due date, and instructions on how the sublessor would prefer the rent to be paid.
Disclosures
A landlord is required by federal law to include in the sublease:
Disclosure about lead-based paint on properties built before 1978.
The conditions for forfeiture of all or part of the security deposit.
The name and contact information of the property manager.
According to Alaska landlord-Tenant laws, prospective sublessee must provide the original landlord with the following information:
Their name, age, current address, present occupation, and if employed the name and address of their employer.
Number of occupants to be expected, names and addresses of previous landlords up to the past 3 years.
At least two credit references.
A landlord may only deny a request to sublease for the following reasons:
Too many occupants or pets are not allowed in the residence.
Poor credit or insufficient financial standing.
An unfavorable testimony from a former landlord about the sublessee.
The sublessee's commercial activity is unacceptable.
If a landlord rejects a sublease for any reason other than the ones outlined above a sublessor may proceed with the sublease without the landlord’s permission or may terminate the original lease after giving the landlord notice 30 days prior.
A sublessor must give at least 30 days' notice if they don’t wish to renew the sublease or the original lease.
A sublessor must also provide a sublessee with at least 7 days' notice to pay rent.
A sublessor has 14 days after the end of the sublease to return the security deposit unless it’s being used to make repairs then they have 30 days to return the balance and should provide a list of deductions.
You can download a free template of the sublease from the links below or create one with our document creator.
After downloading you can print a few copies for use.
Then comes negotiation and review of the contract, when all parties are satisfied they can sign the lease.