When economic times are tough, some renters need help landing an apartment or rental home. This is especially true of new college graduates or even someone who’s been through bankruptcy proceedings.
A co-signer is someone who offers to help the renter with the financial obligations of the lease. This can include monthly payments, cleaning charges, or damage assessments.
Just one more form of protection for landlords if a tenant doesn’t have a great credit score or history.
As always, our attorneys make us say it… these forms are for reference only and you should always pass any forms you use for your business by a competent attorney in your local area to make sure they jive with all state, federal, and local law.
Download free Co-Signer Agreement form
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Thank you so much, this will come in handy for those with bad credit.