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If I cosign an apartment lease for a friend can I file bankruptcy against the landlord to get out of the lease.
Wiki User
∙ 13y ago
To cosign a lease extension means to become legally responsible for the lease agreement alongside the primary tenant. This includes agreeing to uphold all terms and obligations of the extended lease period as a form of guarantee for the landlord in case the primary tenant is unable to fulfill their responsibilities. It's important to understand the implications and commitments involved before agreeing to cosign a lease extension.
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How do you use the word lease in a sentence?
She signed a lease agreement for an apartment downtown.
Should you have to move because you broke your lease helping a family member?
If you break your lease to help a family member, you should review your lease agreement and check for any clauses related to breaking the lease. Communicate with your landlord about your situation and try to reach a mutual agreement. In some cases, landlords may allow you to break the lease without penalty if the reason is valid.
What is the difference between forfeiture and surrender of lease?
Forfeiture of lease occurs when a tenant breaches the terms of the lease, leading to the landlord terminating the lease and repossessing the property. Surrender of lease is when the tenant voluntarily terminates the lease agreement before its expiration date. Surrender is typically done with the agreement of both the landlord and tenant.
Can I break my lease if I just got a Section 8 voucher?
It depends on the terms of your lease and local laws. You may be able to negotiate with your landlord to break the lease early due to your Section 8 voucher, but you should check the lease agreement and seek advice from a legal professional or housing authority for guidance.
Can a 19 year old sign a lease in Missouri?
In Missouri, the legal age to enter into a contract, including a lease agreement, is 18. Therefore, a 19 year old is legally able to sign a lease in Missouri. It is important to read and understand the terms of the lease agreement before signing.
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 you cosign a lease for one year only and do not cosign the second year but get collections calls about the second year of the lease can you sue for harassment?
Send a letter explaining that you are no longer a co-signer and that whatever they think they are entitled to, do not ever contact you again by telephone. Send the letter by return receipt and keep a copy for yourself. If they call again after being told not to, contact an attorney.
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?
What happens at the end of a car lease?
At the end of a car lease u return the car to the dealership. The most u get is a 6 month extension. Hope that helped. Adios.
What is the rental rate for a cell tower lease?
The rental rate for a cell tower lease varies depending on several factors. For example, a renewal or extension of an existing lease, the rental rate will probably be higher than a new lease.
Can you sign a lease if you need a cosigner for an apartment and the cosigner has not yet agreed to cosign?
The other party (lessor) won't accept the lease if they have already told you that you require a co-signer.The other party (lessor) won't accept the lease if they have already told you that you require a co-signer.The other party (lessor) won't accept the lease if they have already told you that you require a co-signer.The other party (lessor) won't accept the lease if they have already told you that you require a co-signer.
If you walk out of an apartment lease can your roommate be affected by bankruptcy?
visit this site for rid from apartment lease http://www.apartmentleasedepot.com
Will there be an effect on your credit history or FICO scroes or mortgage interest rates in the future if you cosign for a car lease which is fully paid upfront for the entire lease period?
No. It should show on your credit report as a loan with 0 balance. However it could help if you paid 1/4 each month for 4 months if you have time as it would add to your good credit.
Obtaining a Lease Extension?
Thousands of people take out leases for vehicles each year. Of course, a lease can be taken out on other things, but vehicles are the most commonly leased item. A person gets to drive the vehicle for the amount of time set forth by the contract and must follow the other restrictions in the lease.What do most leases look like for vehicles?For the most part, leases for vehicles are set at terms of either 12 or 24 months. That means a person will be able to drive the vehicle for one to two years, but some leases can be much longer. Of course, the person who takes out the lease has to follow the guidelines set out by the leasing company. A driver might be restricted to driving 12,000 miles per year or less. Also, he or she might need to take the vehicle in for scheduled maintenance or face penalties. Most leases have provisions that set forth steep penalties for drivers that don't follow the lease completely. Fortunately, most drivers won't have any troubles following the terms of the contract.How does a person get a lease extension?Extending a lease isn't always possible, but some drivers will be able to get an extension with a little bit of persistence. Most companies don't want to extend leases because they want the vehicle to get sold after the lease is finished. For apartments and houses though, leases are regularly granted. Still, a person must file the proper paperwork when it comes to vehicles. That usually involves talking to the lease company. A fee might be required to increase the terms of the lease. Typically, the only thing that will change will be the duration because everything else will stay the same.Should a person extend their lease?In most cases, a person shouldn't extend their lease because it simply costs more money than buying the vehicle in the long run. Obtaining a vehicle lease extension isn't that easiest thing in the world and may not even be possible in some cases. It's always worth a try if a person wants to get a lease extension though.
IF I Cosign AN auto lease WHAT ARE MY insurance liabilitIES?
well your liablites in general...depends....you can be a 'co signer' and NOT an owner ( i know this because i did this with our kids...on purpose) if you are a co owner you have the same liablity as the owner, (ins...if accident occurs and no insurance you are held equal with owner)....if you are a co signer and NOT a co owner you liablity begins and ends with the financial responsiblity of the note...(they don't pay then bank/company comes to you to pay the note/lease)....
What are the 3 types of lease?
Leveraged Lease Financial Lease Operating Lease
What is a contract thet lets you rent someone else's possessions?
lease
