A co-borrower, co-maker, or co-signer make a promise to a lender to repay a note or complete an agreement. The co-borrower, co-maker, or co-signer are generally not the primary recipient of the note or agreement but simply provide additional guarantees to the lender. This is usually done when the borrower, maker, or primary signer does not provide sufficient security or confidence to the lender.
A tenant is the person who rents and lives in a property, while a guarantor is someone who agrees to pay the rent or cover any damages if the tenant is unable to do so.
Investopedia Says:A co-borrower is different that a cosigner in that a cosigner takes responsibility for the debt should the borrower default, but does not have ownership in the property
A cosigner is someone who agrees to pay back the loan if the primary borrower cannot, while a cobuyer is someone who shares ownership of the purchased item and is equally responsible for the loan payments.
what the differences between impatient and patient people. and how can we compare their personal?
The differences between the options available refer to the distinctions or variations among the choices that can be selected. These differences can include features, qualities, prices, sizes, or any other factors that set one option apart from another.
That is an issue between the mortgage company, the buyer and the cosigner. The seller's only worry is selling the property and getting paid.
A tenant is the person who rents and lives in a property, while a guarantor is someone who agrees to pay the rent or cover any damages if the tenant is unable to do so.
Investopedia Says:A co-borrower is different that a cosigner in that a cosigner takes responsibility for the debt should the borrower default, but does not have ownership in the property
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