Cosigner Guarantee
In the past, landlords used to have a third party sign the rental agreement other than the listed occupants. This may not be adequate if you need to enforce the cosigner agreement with court action.
A cosigner should submit a rental application just like any applicant. You should verify their identification, check their background, verify ability to pay, and do all the things you would normally do for a prospective renter. Otherwise, what good is the cosigner? Our cosigner guarantee does not provide a space for cosigner contact information or notarization. You should already have detailed documentation about the cosigner from their application.
Revisions
- v1 - First full length version
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MassLandlords is a nonprofit dedicated to helping owners rent their property. We try our best, but we can't guarantee these forms will always work. We provide legal information but never advice particular to your situation. Nothing on this site is meant to create an attorney-client relationship. We advise you consult with an attorney.
