| 1. |
|
| 2. |
|
| 3. |
|
Ratings. Guidance. The Right Lawyer.
Can a cosignor to a rental lease be held liable for unpaid rent if they are not named on the lease agreement
Annandale, NJ
Viewed 190 times.
Posted 12 months ago in Landlord / Tenant
Flag as objectionable
lease:
i rented a townhouse for three years.
i had a year to year lease. each time i wouldrenew my lease i was required to have a cosigner because of my bad credit. going into my fourth year i signed the lease and my cosigners name was not on it nor was he required to sign it. to make a long story short i left the townhouse oweing $1300.00. THEY HAVE GONE AFTER MY FRIEND FOR THE MONEY. WHEN I QUESTIONED THE PROPERTY MANAGER SHE STATED THAT ALTHOUGH HE DID NOT SIGN IT AND THAT HIS NAME IS NO WHERE ON THE LEASE HE IS AUTOMATICALLY "piggybacked" onto the new lease. is this legal?? - Is this your question? Add additional information Answers (1)
Steven R Bennett
This attorney is licensed in Oregon.
Posted 9 months ago.
Flag as objectionable
It is quite possible that the cosigner is liable, but it depends on the language used in the original document signed by the cosigner. Most co-signer forms have language stating that the co-signer is liable for all charges under the current lease, and all extensions or renewals of it. If that is not the case here, then the co-signer has a strong argument that the co-signer was released from liability when the landlord signed an extention of the lease.
|
