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.
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 signers on a lease are liable for charges during the term of the lease.
The person who's name is on the Title is the owner of the car.
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.
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.
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
Sometimes when living situations do not work, a person must be removed from a lease. Usually, a person only has to speak with the landlord, and the landlord will remove the person from the lease.
I m pretty sure that the end date constitutes termination.
Th legal action to take to remove one party from a three party lease in a Florida apartment is to sue the party for nonpayment or other problem and petition the court to remove the person form the lease.
A cosigner can only be removed from the financial obligation through the refinancing of the vehicle. If the ex-spouses name is not on the title she or he does not have any legal claim to the vehicle unless the couple lived in a CP state and were married at the time of purchase. Furthermore, terms contained in a divorce decree are not legally binding when it comes to such issues.
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.
Well, from what I can see, generally, you need both parties to agree, and that includes the person who is being removed.