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ID card Your Social Security Current address OR govt. photo ID card Birthdate Driver s license and state Sex Phone Marital Status single married divorced widowed separated Alternate or cell phone Total number of dependents under the age of 18 or in college Email address What relationship are you to the resident s Please check one Do you own or rent your home employer other If renting name of apartments Are you or your spouse a guarantor for any other lease Manager s name parent brother or si ...

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can I ask my boss to be my guarantor?

If you have a close personal relationship with your employer, colleagues, or friends, they can also act as a guarantor on your behalf. It is common practice for landlords to require guarantors to be located in the same city or state so that it is easier to contact the guarantor if any issues arise.

What is a guarantor form for a lease in Ontario?

A rental guarantor form in Ontario is a legal document used by landlords to provide a guarantee of payment for a rental agreement. The guarantor agrees to be responsible for any unpaid rent or damages that the tenant may cause to the rental unit.

How do you convince a guarantor?

Be honestwith them and yourself. Youre asking for a big favor, so being upfront and transparent is key. This is not the time to be squeamish about talking money. Be clear about the rent, your finances, and what is needed from them as your guarantor.

Can a landlord ask for a guarantor in Ontario?

If you have no credit history, or have had credit trouble, a landlord may ask you for a guarantor. A guarantor is usually a parent or guardian with a good credit history. The guarantor agrees to pay for you if youre unable to pay your rent. Learn more about credit reports and scores.

What does a guarantor need to provide for renting Ontario?

Good credit A guarantors credit is even more critical than a tenants. Guarantors must be able to cover their expenses and perhaps cover the tenants, which may necessitate the use of loans or other forms of credit. Make that their credit report is clear of errors and red flags.

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What is the difference between a guarantor and a cosigner?

The primary difference between a co-signer and a guarantor is how soon each individual becomes responsible for the borrowers debt. A co-signer is responsible for every payment that a borrower misses. However, a guarantor only assumes responsibility if the borrower falls into total default.

What should a guarantor letter say?

In this guarantor letter example, the letter is divided into five general topics: firstly, the statement of the guarantor assuming the financial responsibility and promising to perform all the terms and conditions of the cottage rental upon the renters failure to do so is presented; secondly, the name and address of

How do you ask someone to be your guarantor?

Be Prepared: Its a big deal for someone to cosign for you so dont shy away from anything they may ask. Help them make an informed decision, tell them why you need a loan, reassure them and be respectful of any questions they have. Be Candid: Let them know your exact financial and employment situation.

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Can I ask my boss to be my guarantor?

What is a guarantor form for a lease in Ontario?

How do you convince a guarantor?

Can a landlord ask for a guarantor in Ontario?

What does a guarantor need to provide for renting Ontario?

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What is the difference between a guarantor and a cosigner?

What should a guarantor letter say?

How do you ask someone to be your guarantor?

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