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If you cosigned for a 1-year lease, you are legally responsible for ensuring that the rent is paid and that the lease terms are upheld, alongside the primary tenant. This means if the primary tenant fails to pay rent or damages the property, you could be held liable for those costs. It’s important to communicate openly with the tenant and monitor the situation to protect your financial interests. Make sure to understand the lease terms and your obligations fully before cosigning.
What else can I help you with?
Is the person who cosigned for a rental agreement liable after 2 years?
The signers on a lease are liable for charges during the term of the lease.
Your ex cosigned car lease How do you remove her from lease without losing vehicle?
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.
If the primary borrower on a cosigned car lease dies. what happens to the car?
The person who's name is on the Title is the owner of the car.
If you cosigned for a 1-year lease for a family member and the year is up and no new lease has been signed and they are now living month to month how is the contract terminated?
I m pretty sure that the end date constitutes termination.
If someone cosigned a lease to your apartment can they take their name off the lease even if you have been paying the payments?
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.
How long should a cosigner stay on the lease if they cosign for an apartment?
I cosigned for my daughter five years ago on and apartment. Mu daughter is self employed. Her boyfriend has now moved in and wants to take responsibility for the rent. Land lord will not take me off the lease. What can I do?
You cosigned for a lease The lease is up in 3 days but the person is refusing to turn the car back in What can you do to remove your name from the lease?
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.
Have you ever cosigned on a car for your ex?
No, I have never cosigned on a car for my ex.
If you cosigned for an apartment for your brother and later decided to not be on the lease as a cosigner what are your rights?
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.
Can you get keys to an apartment if you cosigned?
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.
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
How do you convert 19 months into years and months?
1year = 12months 12 of the 19months are 1year, leaving 7 more months So 19months = 1year 7months
