As the original tenant, you must give a thirty days' notice (at minimum) before renewing the original lease or vacating the property. Create your free Virginia sublease agreement to sublet your property.Rent your unit to a subtenant with our attorney-approved template. A Virginia sublease agreement sets the conditions for a tenant to rent the space they've been leasing to another person. The Subtenant agrees to pay rent to the Tenant in exchange for occupying the property. The Virginia sublease agreement is conducted when an active renter wants to lease the property they currently occupy to a third party. Find out what steps to take if your tenant wants to sublease their space in Virginia. It's easy to understand and helpful! To start, you can explicitly address subleasing in the original lease agreement. The security deposit can be no more than two months' rent.