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The co-signer cannot be released until the lease has expired unless the lessor agrees to release the co-signer in writing.
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∙ 13y ago
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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.
Can a cosigner on a lease evict a tenant?
no
Is a cosigner of an auto lease obligated to pay the lease?
Yes. That's the idea.
Does your cosigner have to be present when signing the lease?
Yes.
If a new lease is signed on an apartment after a year is the original cosigner responsible for the new lease?
Not unless he or she signed the new lease.
Can you replace a cosigner for an apartment with another cosigner?
Typically, replacing a cosigner on a lease would require approval from the landlord or property management company, and they may have specific criteria for accepting a new cosigner. It's best to contact the landlord or property manager directly to discuss the possibility of changing the cosigner on the lease.
Can tenants renew a lease if the cosigner does not sign?
That is up to the landlord.
What responsibility does a cosigner on an apartment lease have?
a cosigner is a person who is responsible for the rest of the rent that you don't pay if u get evicted the person who signed as a cosigner will have to go to court
How can a cosigner be removed from the loan?
The only option is for the loan to be refinanced without the particpation of the present cosigner.
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 19-year-old without credit who is not a student sign a lease without a cosigner?
No.
Does breaking a lease hurt cosigners credit?
That is why the cosigner is there. To back up the contract if you bail.
