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Updated over 7 years ago on . Most recent reply

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Marie Shultz
  • Dayton, OH
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Do I write lease for co-signer or other?

Marie Shultz
  • Dayton, OH
Posted

Parents are willing to guarantee the lease for grown son (+his girlfriend and their son).  The parents will not be residing in the home.  Do I write the lease for the son and girlfriend with the parents as co-signers OR  write the lease for the parents and add a clause for the kids as tenants?  Or something else?   I want the best protection for my property but don't know how to cover this.  

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Steve Nowak
  • Boston, MA
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Steve Nowak
  • Boston, MA
Replied
Originally posted by @Account Closed:

@Steve Nowak The example look like it is a one-sided and, if you don't notify the co-signer and then you try to go after the co-signer later you might not like what a judge will say and remember the co-signer is part of the deal.

Okay, point taken. 

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