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That's up to the owner, landlord or management company. There is no universal rule stating such. Generally, the co-signer remains on the lease for the life of the lease unless otherwise stated in the lease agreement.
That's up to the owner, landlord or management company. There is no universal rule stating such. Generally, the co-signer remains on the lease for the life of the lease unless otherwise stated in the lease agreement.
That's up to the owner, landlord or management company. There is no universal rule stating such. Generally, the co-signer remains on the lease for the life of the lease unless otherwise stated in the lease agreement.
That's up to the owner, landlord or management company. There is no universal rule stating such. Generally, the co-signer remains on the lease for the life of the lease unless otherwise stated in the lease agreement.
What else can I help you with?
Can a cosigner be removed from a lease?
The co-signer cannot be released until the lease has expired unless the lessor agrees to release the co-signer in writing.
How long does the co-signer have to stay on an auto lease?
The co-signer is responsible until the lease expires or until a new lease is executed.
Can a parent who has cosigned on an apartment lease with her son but does not live there have her name removed from 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
Can a tenant sign a lease takeover with the new tenant if they have a guarantor on the original lease and the guarantor hasn't signed the lease takeover?
No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.No. The tenant cannot make changes to the lease agreement without the signature of their co-signer. The "lease takeover" you suggest would not be binding on the lessor and the lessee & co-signer would remain fully responsible under the original lease agreement. You should not even consider making any changes that would affect the co-signer of the lease without notifying the co-signer.
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.
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.
Is a co signer responsible for property after end of lease if tenants still live in property and are on a month to month agreement in Missouri Lease does not say anything on regards to this?
If the lease has expired and the co-signer has NOT signed the month-to-month agreement, the co-signer should be off the hook.
How does someone lease your automobile?
you need a co signer
Can you get an apartment when your 17?
Not without a co-signer for a lease.
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.
Is a lease enforceable if a cosigner is needed and does not sign?
No. A condition of the lease being made is that there will be a co-signer. If no one will co-sign, then you are out of luck.
How can you get off a lease as co-signer?
If it has been a period of time, you can ask the rental company if the lease can be amended to exclude you as a co-signer when it is up for renewal. If you are a tenant who is moving out, you will have to check with the rental company, and maybe read the lease, to see what the effects will be.
