I have a question regarding a sublet. I am currently in a stabalized apt but have to move.
I am on a renewal lease that is around $1800/mo. As I understand it, when I vacate, the landlord will get to file for a vacancy allowance, which will push the rent up to the level where he can file for decontrol of the unit.
I will have to leave the apt with about 6 months left on the lease. Under the stabalization guidelines it implies that since this is a renewal lease, if I sublet, the landlord can charge a vacancy allowance premium during the term of the sublet. Will this mean market rates and decontrol, or just a simple vacancy allowance premium?
Am I better off subletting or just breaking the lease?
If I break the lease, will I see any of my security deposit?
Will he try to charge me for the full term of the lease?
It seems the landlord has much to gain from my leaving...