Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

70
Posts
24
Votes
Kristine O.
24
Votes |
70
Posts

Requiring a cosigner for a lease

Kristine O.
Posted

Hello there. I am here again to ask your advice and recommendation as a landlord. I have an inquiry from a fourth year college student who has an interest in renting our ADU from June to Sep. He will stay for an internship near our place. I already spoke to his mother who‘S willing to fill up the application and do background check separate from her son. My question is do I have her sign the lease or give her the guarantor form to sign?

Most Popular Reply

User Stats

28,242
Posts
41,507
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,507
Votes |
28,242
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Kristine O.:

Hello there. I am here again to ask your advice and recommendation as a landlord. I have an inquiry from a fourth year college student who has an interest in renting our ADU from June to Sep. He will stay for an internship near our place. I already spoke to his mother who‘S willing to fill up the application and do background check separate from her son. My question is do I have her sign the lease or give her the guarantor form to sign?

I have a separate cosigner/guarantor form for them to sign. Why? Because the cosigner is not responsible for mowing the lawn or reporting maintenance issues, they have no rights to the rental, and I don't want to communicate with them about anything but the money.
  • Nathan Gesner
business profile image
The DIY Landlord Book
4.7 stars
246 Reviews

Loading replies...