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Co-Signer Agreement
Whether you're a landlord or a tenant, a Co-Signer Agreement is useful in rent situations when there's some question about the tenant's financial situation. With the Co-Signer Agreement signed by a financially secure third party, the tenant and the landlord have a backup who agrees to take on the financial responsibility of the lease if the primary tenant can't pay for some reason.
Use the Co-Signer Agreement document if:
- You are a Landlord with Tenant(s) that may be unemployed or who have a poor or no credit history.
- You are a Tenant who is unemployed or who has no or a poor credit history but who has a parent, friend, or financial backer who has agreed to assume financial responsibility in the event that you cannot pay the rent, utility or other costs related to the lease with your Landlord.
- You are a Co-Signer and have agreed to assume financial responsibility for a friend, family member or acquaintance should they become unable to pay their rent or other lease obligations.
Make document: Co-Signer Agreement
Available from: RocketLawyer.com
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