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Updated over 7 years ago on . Most recent reply

User Stats

13
Posts
5
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Tim Bartel
  • Power Engineer
  • Grand Forks, ND
5
Votes |
13
Posts

Do I put adults with bad credit on the lease?

Tim Bartel
  • Power Engineer
  • Grand Forks, ND
Posted

I sometimes accept multiple adults in an apartment, where only one of them is financially able (or has decent credit history) to make the rent payments. Should I still put all adults on the lease? My concern is that the primary payer will move out mid-lease and I have to finish out the lease with the other party if on the lease, but if only the primary payer is on the lease, I can make them finish out the lease, and when the primary payer leaves, everyone has to go. 

Right now I have an applicant who is a lady with an unemployed 22-yr old son. Do I want him on the lease? 

Most Popular Reply

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1,252
Posts
1,069
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Steve Rozenberg
  • Specialist
  • Houston, TX
1,069
Votes |
1,252
Posts
Steve Rozenberg
  • Specialist
  • Houston, TX
Replied

For safety and security reasons anyone over 18 we put

On our lease. If they do and damage or crime (ie registered sex offender) and they were living in your property and something happens you could be held liable and it could be a slippery slope that we don’t want to go down. Be safe  put anyone over 18 years old on the lease and do a background check 

  • Steve Rozenberg
  • Loading replies...