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What happens if i co-sign on a rental and the renter does not pay?
Wiki User
∙ 11y ago
You are liable for the unpaid debt.
Wiki User
∙ 11y ago
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Who is responsible for cleaning a rental after the renter moves out?
Generally the renter is to clean the property before leaving. Otherwise the cleaning and rental deposits would be used to pay for cleaning.
Your sister was hit by an uninsured driver in your rental car will you have to pay for the repairs to the rental?
The short answer is Yes. You are responsible for the vehicle that you hire. The rental company will claim from the renter - the renter has standard legal rights against the perpetrator.
What is car rental and how does it works?
Car rental is a service of one party (the provider) providing an automobile for the use of a second party (the renter) in exchange for money. The renter goes to the provider and agrees to pay a sum for the right to use a vehicle that the provider makes available to the renter.
If the cost of cleaning a rental exceeds the deposit amount is the renter liable to pay the excess?
Yes, if the expenses are justified.
If you cosign your son's rental agreement are you liable if he has parties where minors drink alcohol?
A cosign agreement is usually just a financial agreement to cover the rent or damages if your son can't pay. I don't think it has anything to with underage drinking.
What should I pay a rental agent that found a renter for our condo from a flyer my husband left on a wall at the condo?
Pay the rental agent the fee the agent requests. The rental agent indeed found a tenant for you, and potentially screened the tenant, so you could include this tenant in the community that you own.
What does the renter do after being locked out of rental by the sheriff's department in California?
== == You obviously haven't paid your rent so the rental manager has the right to lock up your contents. Until you pay back rent there is nothing you can do.
If a skylight was damaged in a fire in a rental house is that the responsibility of the renter or owner?
Most Renters Insurance has a Liability component as well as personal property coverage. So if the fire was the renters fault the landlord could sue the renter then the liability insurance would pay.
What happens if you get a St sweeping ticket but the car is a rental?
The car rental firm will receive the fine if you do not pay it. Then they will send a copy of your contract to the appropriate authority and you will will be tracked down and made to pay.
Who pays property tax on a rental home?
Property taxes are the responsibility of the owner. Unless there is a clause in the lease saying otherwise, the renter/leasor is not obligated to pay them. The government will place a lien on the property.
Can a security deposit be used for rent?
security deposits protect the landlord if the tenant fails to pay rent or causes damage to the rental premises beyond normal wear and tear. a renter can not choose to pay rent with any portion of that deposit.
Are their companies that will sign a lease for a renter that has bad credit pay the monthly rent for them and then let the renter pay them?
Better yet, you should try to rent privately or get a credit-worthy roommate and absolutely pay on time to build up your rating. Often, though, the rental management companies are selective about what they consider bad, so you may be able to rent a place that is less than 1/3 or your income.
