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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.
What is the correct spelling co-lessee or co-leasee?
co-lessee
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.
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 my employer co-sign my auto lease?
An employer can co sign an auto lease. However, most people think it is not a good idea to mix business with your personal life.
Does a cosigner have the right to enter a property without consent?
If they co-signed a lease they should check the property regularly and also make certain the rent is being paid on time. A co-signer on a lease is responsible for paying the rent if the primary lessee doesn't and is also responsible for paying any damages that go beyond the security deposit.
How do you remove auto co-owner from joint ownership?
you can look a book about it in the public library.
If you co-sign an auto lease can you be listed on the loan second or do you have to be listed first?
Doesnt matter too much, you will be just as responsible if the primary buyer defaults.
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.
Can a co signer on a lease be removed after 6 months?
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.
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)....
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.
