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When applying for an apartment in Maryland as a cosigner will the salary of the the tenant be taken into consideration or the cosigners?
Both. And both will be fully responsible for paying the rent and any damages to the apartment. If the primary tenant fails to pay the co-signer will be held fully responsible for paying.Both. And both will be fully responsible for paying the rent and any damages to the apartment. If the primary tenant fails to pay the co-signer will be held fully responsible for paying.Both. And both will be fully responsible for paying the rent and any damages to the apartment. If the primary tenant fails to pay the co-signer will be held fully responsible for paying.Both. And both will be fully responsible for paying the rent and any damages to the apartment. If the primary tenant fails to pay the co-signer will be held fully responsible for paying.
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
How can I rent a cosigner for my loan application?
You can't rent a cosigner for a loan application. A cosigner is someone who agrees to be responsible for the loan if you can't pay it back. They must have good credit and be willing to take on the risk. It's not something you can pay someone to do for you.
I filed for bankruptcy in 2001now I need a cosigner for my new apartment will the cosigner know about the bankruptcycan the bankruptcy creditors link the cosigner to me damage their credit?
I am in the same boat due to illness and I am looking for a co-signer so I can rent an apt. The bankruptcy has been discharged per the court, and it is hard to rent an apartment sometimes with a co-singer. Everyone has different rules. I believe if you filed a bankruptcy, then had a co-signer, it would have no effect on them, only what you do after they co-sign
Is co-signer dad responsible for rental apartment damages due to son's suicide attempt?
Yes. The co-signer is responsible for any unpaid rent or damages that are not paid by the primary.
Are you legally responsible to pay back the cosigner who signed for you on a rental lease?
No not unless you have an agreement that you had to pay the rent.
How do you stop being a co-signer on an apartment?
Generally, a co-signer is responsible until the lease has expired unless the landlord agrees in writing to release the co-signer from all liability. Generally, a co-signer is not only responsible for paying the rent for the duration of the lease if the primary doesn't pay but also for any damages not covered by a security deposit.Generally, a co-signer is responsible until the lease has expired unless the landlord agrees in writing to release the co-signer from all liability. Generally, a co-signer is not only responsible for paying the rent for the duration of the lease if the primary doesn't pay but also for any damages not covered by a security deposit.Generally, a co-signer is responsible until the lease has expired unless the landlord agrees in writing to release the co-signer from all liability. Generally, a co-signer is not only responsible for paying the rent for the duration of the lease if the primary doesn't pay but also for any damages not covered by a security deposit.Generally, a co-signer is responsible until the lease has expired unless the landlord agrees in writing to release the co-signer from all liability. Generally, a co-signer is not only responsible for paying the rent for the duration of the lease if the primary doesn't pay but also for any damages not covered by a security deposit.
What are the obligations of a cosigner on an apartment lease?
A co-signer shares financial responsibility for the rental. Unpaid rent, damage to the apartment after moving and so on will fall on your shoulders if the renter does not do as he/she should.
What is a co-signer when renting an apartment?
A co-signer is a person who agrees to guarantee the rent will be paid for the duration of the lease and also for any damagescaused by the primary lessee. If the primary fails to abide by the terms of the lease, by non-payment or moving out prior to the end of the lease, the co-signer will be responsible for paying.A co-signer is a person who agrees to guarantee the rent will be paid for the duration of the lease and also for any damagescaused by the primary lessee. If the primary fails to abide by the terms of the lease, by non-payment or moving out prior to the end of the lease, the co-signer will be responsible for paying.A co-signer is a person who agrees to guarantee the rent will be paid for the duration of the lease and also for any damagescaused by the primary lessee. If the primary fails to abide by the terms of the lease, by non-payment or moving out prior to the end of the lease, the co-signer will be responsible for paying.A co-signer is a person who agrees to guarantee the rent will be paid for the duration of the lease and also for any damagescaused by the primary lessee. If the primary fails to abide by the terms of the lease, by non-payment or moving out prior to the end of the lease, the co-signer will be responsible for paying.
I am the sole signer on a rental agreement for my daughter and 3 of her friends. I need an addendum or letter for the other parents to sign holding them responsible for their share of the rent. Do you have any ideas?
“I am the sole signer on a rental agreement for my daughter and 3 of her friends. I need an addendum or letter for the other parents to sign holding them responsible for their share of the rent. Do you have any ideas?”
Does the co-signer have a right to hold on to 6 months rent from the tenant in case something happens?
Your co-signer is smart, and you should be glad. If you need a co-signer, it means that your credit is not good enough to rent on your merits alone. The co-signer is responsible for a period of rent (commonly 6 months) if you default. Having the money keeps them from having to ask you for it in the event it needs to be paid. Hopefully, at the end of the lease and/or when you get the lease on your own, they will return any unused funds.
Can you be 17 to rent an apartment with a cosigner?
With a cosigner, ur chances are good, if that's the only 'negative'
