Apartment Ratings :: Question - What is a cosigner responciable for?

What is a cosigner responciable for?

by cropduster1937 in Breaking a Lease, TX

Asked 203 days ago

One Answer

My son wants me to cosign

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One Answer

Answer by c_winslow on May 31, 2008 at 10:49PM

Don't do it. A cosigner is responsible for making good on the lease and all damages. I realize that all parents think their children are angels. But what about your son's friends? You will be legally held responsible for anything and everything that happens in the apartment.

Usually a landlord will require a cosigner when they believe that the potential tenant isnt able to meet the lease requirements and they want someone else to nail when things go south. Not a good situation to be in.

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