Yes, its just a matter of that person requesting to be removed as the co-signer. They might put that child in jeopardy of staying in that facility without a co-signer, but it doesn't hurt to ask. Wanda Improve Credit, LLC
No. Once a cosigner has signed the contract the only way they can be removed from the responsibility is a new agreement being made without the assistance of the original cosigner.
I cosigned for my daughter five years ago on and apartment. Mu daughter is self employed. Her boyfriend has now moved in and wants to take responsibility for the rent. Land lord will not take me off the lease. What can I do?
Only if your name is on the existing lease. The parents estate can be held responsible for damages, but the lease itself is simply void upon death if no one on the lease is left alive.
Depending on the lease or the apartment Depending on the lease or the apartment Depending on the lease or the apartment
In most residential rental situations the landlord is only obliged to issue one set of keys or one key to the dwelling: to the actual person or head of household on the lease.
Yes, if your parent(s)/legal guardian(s) sign off on the lease.
The signers on a lease are liable for charges during the term of the lease.
It means if an apartment rent is $500 and they rent you the apartment for $550, the apartments have a $50 gain to lease. If they rent it for $450, they have a $50 loss to lease.
Th legal action to take to remove one party from a three party lease in a Florida apartment is to sue the party for nonpayment or other problem and petition the court to remove the person form the lease.
You can have another person cosign for that person. As long as your the primary you wont need her to get her off the lease.
Call a local attorney for state specific advice. I see a lease as a contract and with the same rights and obligations. IOW, the landlord id right. Your brother only got the apt. because of YOUR credit rating.
If the lease restricts who can live in the apartment, as long as your son is listed as an occupant on the lease, he or she can continue to live in the apartment (unless the lease specifically states otherwise). If the lease does not have a restriction on occupants, your son can continue living in the apartment as well.