Contract Terms and Conditions. 1. DEFINITIONS. Create your free New York sublease agreement and legally sublet your property.Download our template as a PDF or Word file here. Unsure what to include in your shortterm rental agreement as a host? Learn about your rights when it comes to sublease laws in NYC. A Letter of Intent, executed before the sublease agreement, further delineates the parties' plans. , lease agreement with the other party(ies). Upon receipt of the notice, the Overtenant shall then promptly notify the Landlord and demand that the Over-Lease agreements be carried out. If the lease says the tenant cannot assign the tenant's interest in the tenancy or sublet the rental property, the landlord can seek an eviction.