Sentences with phrase «term subletting»

This book prompted bans on short - term subletting in New York and copied by other densely populated cities like San Francisco; these laws are the basis for the illegality of Airbnb and other similar websites.

It makes finding a cheap, short - term sublet feel nearly as easy and as secure as finding a hotel room, and it seems to be taking off.

As a result, you're stuck either with a short - term sublet or an overpriced tiny apartment because there's no practical way to find a group of people you'd actually want to rent a larger apartment with for a year.

If you take a short - term sublet in NYC, you're getting a secondhand room in a secondhand apartment that's only been cleaned as much as the previous resident could be bothered to.

Not exact matches

A lot of home exchange stays aren't very long term, so it's not the same as subletting or anything.

By subletting an empty office from another law firm, a small firm attorney can leverage someone else's long - term financial risk and up - front investment by paying a small premium in rent.

Paradoxically, the Firm's litigation team has also prosecuted Tenants for illegal sublets or unlawful rentals for a profit on short term rental sites such as airbnb.

More recently, Airbnb has drawn the ire of the hotel lobby, which claims allowing people to rent out their rooms on an individual basis creates unfair competition, while landlords are coming down hard on tenants who sublet their properties in violation of the terms of their leases.

Although the revised Code does acknowledge that a more restrictive approach to subletting may be appropriate for «shorter term leases or leases of particular types of property», many landlords will still feel that the revised Code is too prescriptive in this respect.

You are subject to the terms of the lease, which may restrict a tenant's ability to sublet, alter and use the property, amongst other things.

A landlord can't unreasonably refuse a sublet or assignment of a fixed - term tenancy for a period of six months or more.

If the tenant left, she is still liable for the rent or to find someone to sublet your house (depending on your lease terms).

SageGroup Associates v. Dominion Textile (USA)(244 A.D. 2d 281)-- the «able» prong of the ready, willing and able test refers to the prospective subtenant's financial ability; although broker established he procured a prospective subtenant ready, willing and able to sublet on terms set by the prospective sublessor, the parties» disagreement as to the terms of their oral agreement raised triable issues of fact precluding summary judgment in favor of either party; no cause of action exists in quantum meruit, unjust enrichment and account stated where there is an express contract governing the broker's right to a commission; broker lacks standing to claim tortious interference with contract against landlord for refusal to grant tenant permission to sublease because broker is neither a party to nor an intended beneficiary of the sublease rejected by the landlord.

If you need to move before the lease term is expired, read the lease to see if you can sublet or assign to a new tenant.

As tenants negotiate increasingly favourable lease terms, they gain more flexibility in determining what they can do with their space, which includes subletting all or part of their space.