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-   -   Co-signing a rental contract (https://www.askmehelpdesk.com/showthread.php?t=183262)

  • Feb 12, 2008, 10:30 AM
    ablueraindrop
    Co-signing a rental contract
    Hello,

    I am about to have a roommate move in to the second bedroom of my condo. Because she is not from the country, she provided me with her credit information from her country and offered to have her parents co-sign for her. If I want her to have a co-signer, how do I go about doing so? My rental contract with her was from the "legal document" section of staples and has a section for the landloard's signature as well as the renter's signature. Should I just draw in a second line next to her's and have her father sign on it? Or do I need to go and purchase a document that is for establishing a co-signer?

    Thanks in advance for the help!
  • Feb 12, 2008, 10:38 AM
    ScottGem
    You can just draw in another line. I would label it Guarantor's signature. Since this is a rental lease and her father won't be living there, I would have him be a guarantor of her paying
  • Feb 12, 2008, 11:04 AM
    JudyKayTee
    Quote:

    Originally Posted by ablueraindrop
    hello,

    i am about to have a roommate move in to the second bedroom of my condo. because she is not from the country, she provided me with her credit information from her country and offered to have her parents co-sign for her. if i want her to have a co-signer, how do i go about doing so? my rental contract with her was from the "legal document" section of staples and has a section for the landloard's signature as well as the renter's signature. should i just draw in a second line next to her's and have her father sign on it? or do i need to go and purchase a document that is for establishing a co-signer?

    thanks in advance for the help!


    My thought is - if you are looking for a cosigner because she is from another country and you cannot verify her credit info how do you know her parents are "good" for the rent?

    Just playing Devil's advocate you could have a lease signed by someone who may or may not be good for the money, someone you may or may not be able to pursue unpaid rent or damages, guaranteed by someone else in exactly the same position.

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