Newbie at this.
We have a 2/1 listed on Facebook
Potential tenant wants to know if they can have 3 names on the lease. is this to my advantage or should I only be one person responsible for everything?
@Rick Oaks You want all adults who will be residing in the residence to be named on the lease, with joint and several liability. That way, they’re all collectively, and individually, agreeing to the terms/conditions of the lease, and to be responsible for the payment of rent.
Think of it this way...if things were to ever go bad (e.g. rent were to stop being paid, they were to damage your property, etc), would you rather have one person to be able to go after or three?
Perfect reply !! Thank you