Subleasing can help to reduce living costs, replace roommates, and can help landlords keep units occupied when tenants may be away for extended periods of time. Create a sublease agreement to legally sublet your property.Our sublease contract template allows a tenant to rent a unit to a subtenant. Arizona law doesn't provide specific guidelines on subleasing for general residential properties. Instead, it largely depends on the original lease. Short-term residential rentals are lodging rental stays for less than 30 days. Prospective buyers need to fill out and submit the Request for Public Auction form and submit the form to Property Management. Rental arbitrage is an expert technique where you sublease a property for the sole purpose of Airbnb.