Wiki User
∙ 12y agoI 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?
Wiki User
∙ 12y agoNot unless he or she signed the new lease.
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.
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.
A co-signer shares financial responsibility for the rental. Unpaid rent, damage to the apartment after moving and so on will fall on your shoulders if the renter does not do as he/she should.
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
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.
Hell yeah the only thing non refundable is application fee & administration fee.
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.
Depending on the lease or the apartment Depending on the lease or the apartment Depending on the lease or the apartment
no
It depends on the landlord. Usually, the just need SS number and photo ID, as well as pay stubs or proof of income. If this is provided, you should be fine
Renting an apartment or home will not show up on your credit. That just builds up rental history for yourself. The only time a renter will ever report you to a credit agency is if you move out with a balance that was not paid within 14 to 30 days of your move out.