Posts Tagged ‘Guarantor’

rent an apartment without verifiable income

Tips for Renting an Apartment Without Verifiable Income

in Legal Issues, Renter’s Advice on by

Discover 5 practical ways to rent an apartment without verifiable income, including alternative documentation and strategies to increase your chances. read more

Graphic illustrating a potential tenant and their lease guarantor speaking with a property manager.

Rent Guarantor/Co-Signer: What It Is and Why You Need One

in Legal Issues on by

If you’ve been trying to rent an apartment and keep getting told you need a lease guarantor or co-signer, you may be confused as to what the landlord wants and why. Luckily, it’s not so complicated to understand, although it might be difficult to find someone who’s willing to fill the position. read more

father signing as guarantor for son

How to Remove a Lease Guarantor from the Rental Agreement

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To remove a lease guarantor, the tenant must review the lease for applicable clauses, contact the landlord for approval, and potentially have the guarantor submit a written release. A formal amendment or new agreement should be signed by all parties to legally update the arrangement. Check out this article for more details on how to handle removing a lease guarantor from your lease. read more

I Can’t Find a Lease Guarantor – What Now?

in Legal Issues on by

Not being able to find a lease guarantor is a big problem for some tenants who want to stay in high-rent areas but don’t have the required income. Strict income requirements are a reality, particularly in the pricier areas of big cities. Unemployed or underemployed tenants often feel the squeeze of a rental agreement that […] read more