The signers on a lease are liable for charges during the term of 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.
The person who's name is on the Title is the owner of the car.
I m pretty sure that the end date constitutes termination.
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?
The dealer cannot renew the lease without your signature. Just don't sign it! To be doubly sure however, go to the dealer (don't call) and speak to the Leasing Manager (NOT the salesman) and specifically tell thm this! Then whatever happens after the lease expires is the respsonsiblity of the the person who actually possesses the car.
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.
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, 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
1year = 12months 12 of the 19months are 1year, leaving 7 more months So 19months = 1year 7months
As a contract, a lease is binding on the parties under its terms, and there may be specific words about what to do in this situation, but usually you can get out only if everyone else agrees to start over. In general: If you cosigned then you are a partner with all the other cosigners (for the purpose of paying rent) until they agree to carry your portion of the burden and the landlord agrees to release you from your obligation (accepting a new agreement with the remaining cosigners). First you should get agreement from your partners (to release you) and then they can present their new offer to the landlord, perhaps with a substitute for you.