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Yes! any one with the financial ability can co sign for a apartment.
How ever all the liabilities also convey
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∙ 16y ago
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If you cosigned for an apartment for your brother and later decided to not be on the lease as a cosigner what are your rights?
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.
Who was ted saito?
A wonderful creative, fun loving person - extremely talented. He was a teacher (math, I believe) as well. He retired and focused on his pottery
Can you still rent out an apt if im on a lease for a house?
Yes.
I AM RECEIVING CASH ASSISTANCE FROM THE GOVERNMENT BUT I'M LOOKING FOR AN APT. HOW CAN I FIND A LOW INCOME APT, THAT CAN GO WITH WHAT I CAN AFFORD?
There are a lot of apartments that rent based on your income and household size. You need to call them to find out if they are the low income apartments or not.
If a new lease is signed on an apartment after a year is the original cosigner responsible for the new lease?
Not unless he or she signed the new lease.
Does a cosigner have to have a job?
No, a cosigner can be retired, or just in good standing with the federal credit bureau. They do not necessarily have to have a job. But the deal with a cosigner is that if the individual they are cosigning for does not pay the bill, the cosigner is responsible for the payment.
What responsibility does a cosigner on an apartment lease have?
a cosigner is a person who is responsible for the rest of the rent that you don't pay if u get evicted the person who signed as a cosigner will have to go to court
If we have bad credit will a cosigner help us get a mortgage?
Yes, a person with bad credit can get a cosigner for a mortgage. The cosigner will have to have excellent credit and must go into the office to sign papers to become a cosigner.
What are the qualifications of a cosigner?
Normally a cosigner has to be able to pay the loan if the signer does not pay. So the cosigner should have better credit than the person seeking the loan.
If cosigner has a car loan already may she cosign for someone and be approved for that person and the cosigner has good credit?
Yes.
Can a person who receives Social Security be a cosigner?
yes
What legal recourse is there for the cosigner when the person that was cosigned for has defaulted on the loan?
The usual legal recourse for the cosigner when the person named as the primary on a loan has defaulted, is to make the payments on the loan. Then, the cosigner can take the person who defaulted to court to try and recoup some of the money they are out. If the loan was for a car, some states allow the cosigner to take possession of the car and sell it to recoup losses also.
What do you call a person who is retired?
A person who is retired is simply referred to as a retiree.
What are the rights of a cosigner?
A cosigner is a person who signs with another person for a loan of some sort due to credit issues or financial reasons. A cosigner unfortunately does not have as many rights as the person who is first listed on a loan. For example, if you purchase a car and your boyfriend/girlfriend cosigns for you and you two break up, they cannot take the car away from you. However, if you are late on payments, the cosigner will then be responsible for the payments.
Does the credit of the cosigner gets affected if car is not paid?
Oh yes it does. That person put their credit on the line when they signed the contract making me a cosigner.
What does apt mean?
Sentence: A careless person is apt to make a mistake. Something that is apt is to be suitable for its purpose
Can a cosigner live in a different state than the borrower?
That depends on the lending institution, but most lenders will accept an out of state cosigner as long as the person qualifies.
