Breaking a Kaled Management Lease: Assignment or Sublet?

Step 1 · Permission

Ask your property manager for the available exit terms.

Start with your building contact. For routing, Kaled’s office lists 516-876-4800 and info@kaled.com. Include the full NYC address, apartment, leaseholders, lease end, and desired departure.

Say whether everyone leaves, one roommate changes, or you intend to return. Follow your lease’s notice method and ask who can sign the owner’s consent and release.

Step 2 · Written terms

Set the approved offer and the building’s review requirements.

• Rent and dates: approved price, remaining term or new lease, concessions, charges, and start conditions.
• Application: the current package, submission route, review contact, and any preliminary building decision.
• Costs: itemized amounts, payees, due dates, security, and refund conditions.
• Release: when each departing tenant’s and guarantor’s obligations end.

Ask whether parking, storage, or another separate contract needs its own cancellation or replacement agreement.

Assignment or sublet?

Match the agreement to your move and tenancy type.

Assignment and subletting follow different New York consent rules. Proprietary co-op leases are excluded from that statute’s general framework; regulated and admission-restricted rentals may have additional rules. Confirm what applies to your actual documents.

Step 3 · Qualification

Get the current criteria for this apartment.

Ask management how it will assess household income, credit, guarantors, and any program eligibility. Confirm accepted records and alternatives before choosing a candidate. Kaled’s linked apartment form has categorical screening language; have the team explain the requirements that lawfully apply to this file.

NYC source-of-income protections cover lawful assistance in covered housing. Ask how the household’s resources and tenant-paid share will be assessed. Do not turn an older form’s wording into your own automatic rejection rule.

Step 4 · Application

Use the correct apartment or building package.

Start with Kaled’s application library and ask the team which version and platform to use. Some buildings have their own sublet packages and preliminary steps. Confirm any changes before submitting.

• Match the building, unit, approved rent, term, and proposed start.
• Include all required applicants, occupants, and guarantors.
• Have candidates send requested records directly through the designated channel.
• Ask for missing items, confirmation of completeness, and the remaining decisions and signatures.

For rental-package questions, the library names Carolyn Mallazzo at 516-876-4800, extension 348. Confirm separately who coordinates the owner’s approval and outgoing release.

Step 5 · Find the replacement

Advertise the apartment and approvals management has authorized.

Get permission to list and show the unit. Use the approved rent, term, concessions, recurring charges, and application requirements. Describe any building or program review accurately so candidates can plan around it.

• Photos: show the actual unit and condition.
• Access: agree on showing notice, hours, attendance, and keys.
• Preparation: settle clearing, repairs, cleaning, and furniture staying.
• Extras: confirm separately whether parking or storage is available to the replacement.

Keep possession conditional on required approvals, signatures, payments, and readiness. Do not promise another building’s review period or an inherited parking space.

Fees and security

Separate screening, exit costs, and additional contracts.

Get an itemized assignment or termination proposal. Ask what is due if the candidate withdraws or signing is delayed. An apartment application fee and a garage-contract charge serve different purposes; neither is the price of your release.

• Final rent: the last day charged and any agreed proration.
• Security: outgoing refund or credit, incoming deposit, and deductions.
• Separate contracts: parking, storage, cancellation dates, and refunds.
• Services: moving costs and permitted brokerage work agreed in writing.

For covered screening, New York law limits reimbursement to actual cost or $20, whichever is less, with report, receipt, and recent-report waiver requirements. A board-fee label alone does not establish an exemption.

Confirm deposit handling under the rules for the unit. GOL § 7-108 generally caps deposits or advances at one month for covered rentals and sets return and itemization requirements.

Approval and handoff

Finish the owner’s release alongside any building decision.

Coordinate candidate review, required approvals, signatures, payments, and move access. Ask management to confirm that the conditions for releasing you have been met.

• Check the executed agreement for every departing tenant and guarantor.
• Resolve parking, storage, and other separate contracts.
• Photograph the condition and arrange keys, fobs, move access, and utilities.
• Provide forwarding details and keep the final ledger and security accounting.

Retain the signed agreements and completion confirmation. A building decision, payment, or returned key alone does not close the old tenancy.

Find a replacement renter

I can help turn management’s terms into a listing and a qualified applicant.

I prepare the listing, manage inquiries and showings, screen prospective renters, and help the selected applicant complete management’s requirements. Management makes the approval decision. My role and broker fee are agreed in writing before marketing starts.

Send the address, rent, lease end date, preferred move date, and management’s reply.

Discuss my lease

For the broader legal options, see the NYC lease-break guide.