What are the responsibilities of the guarantor on an apartment lease?
A guarantor is someone who has agreed to be legally bound to pay certain debts of another person if that other person does not, for any reason, pay his or her own debts. A guarantor of an apartment lease will be liable for the rent not paid by the tenant, as well as for any damage done and repairs not made by the tenant. Being a guarantor involves much more than simply being a reference for another person. Being a guarantor could end up costing someone thousands of dollars.
Can apartment complex hold me liable as a guarantor when I was unaware of terms and did NOT sign contract or lease and did not provide consent for your signature?
They could go after you, but that would mean proving to a judge that you actually did sign the lease as a guarantor. It would come down to who the judge believed, and probably a comparison of signatures by the judge. Anything could happen, but the burden of proof would be on the landlord, and it would be tough.
If I am renting an apartment and it floods multiple times due to a faulty drain outside of the apartment what are my responsibilities and what are my landlord's?
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.
Is it required by law in Tennessee if a person that signs an apartment lease as a Guarantor is married that both the Guarantor and spouse must sign and execute this Guaranty Agreement?
No. Nothing under the law requires that any Guarantor exist for any contract in Tennessee. However, if a Guarantor is sought, that is an issue of contract which will generally be enforced by the Courts. If the Guarantor is married and the spouse signs the guarantee, then the spouse becomes individually liable for the guarantee to the full extent as the original Guarantor. Individuals should enter into guarantees very very carefully with the assistance of…
What can happen if you stop paying your lease payment on your apartment halfway through the lease and you leave the apartment?
How can you get out of your apartment lease after signing on before your lease is up in April 30 2009?
After a parent dies can adult children be held responsible for an apartment lease or the condition of the apartment?
Can the landlord charge the tenant a fee for breaking the lease if the apartment is rented again in few days?
This depends upon whether that fee is quoted on your lease when you signed it. It is not there, then landlord cannot charge you because he rented the apartment quickly after you left. However he may be able to keep your security deposit if you broke your lease. If there was a lease, the terms are generally such that you are responsible for the rent for any month that the apartment is vacant from the…
A guarantor is someone who agrees to sign an agreement (most typically a rental agreement) and basically guarantees that if for some reason the tenant cannot pay, the guarantor will make the payments. This most commnoly happens in a college evironment when a student needs to have a parent sign onto the lease as a guarantor so the Landlord feels comfortable that if the student cannot make the payments, the parents will.
Can a 17-year-old sign a lease for an apartment in Missouri without emancipation papers but with parental permission and a boyfriend being the main leaser on the lease?
If you signed a lease for an apartment is it possible for them to move you to another apartment after you signed for that specific apartment already?
This depends on the terms of your lease. Read the fine print. Many (most) apartment complexes have clauses the lease which give the owner the authority to make changes like this whenever they want. The only legal ground you would have against something like that would be if they moved you into an apartment which was demonstrably of lower quality, smaller, or did not have features which you paid extra for. For example, if you…
If your apartment complex found another tenant to lease your apartment do you still have to pay the reletting fee?
Is it possible to break an apartment lease if I have no proof that my apartment gets noxious odors possibly meth?
My apartment complex property manager refuses to renew my lease and has threatened me to move out because I am a single occupant of a two bedroom apartment lease holder do they hold a legal right?
The property manager has a legal right to refuse to extend a lease once it is up. However, you should look at the language in your contract. Make sure that they gave you a proper notice in accordance with you lease. If they did not, you will likely be able to stay in the apartment for at least another month.
Joint lease agreement and you have vacated the apartment with the other renter still occupying the premises what are your responsibilities as far as rent goes?
First, you might already be breaking your lease. Some leases have a clause that both signees must occupy the property. Read your lease to find out. As far as your rent responsibility, as far as the landlord is concerned, you are just as responsible for paying today as the day you moved in. Your name is on the lease, making you a party to the payments. Should the person who is left in the apartment…