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Landlord Tenant Lease Co-Signer Agreement - Rhode Island 2025

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The Cosigner Agreement outlines the responsibilities of a cosigner who agrees to be jointly liable with the tenant for obligations under a lease agreement, including unpaid rent and damages. It specifies that the cosigner remains liable even if the tenant assigns or subleases the premises, unless released by the landlord. Additionally, it states that in any legal proceedings related to this agreement, the prevailing party can recover attorney fees and costs.

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Click ‘Get Form’ to open the Landlord Tenant Lease Co-Signer Agreement in the editor.
Begin by entering the date of the agreement at the top of the form. This is crucial for establishing a timeline.
Fill in the names of the Tenant, Landlord, and Cosigner in their respective fields. Ensure accuracy to avoid any legal complications.
Provide the address of the leased premises where indicated. This helps clarify which property is covered under this agreement.
Review Paragraph 1 carefully, as it outlines the Cosigner's responsibilities. Confirm that you understand your obligations regarding unpaid rent and damages.
In Paragraph 2, note that if Tenant assigns or subleases, you remain liable unless explicitly released by the Landlord. Make sure to discuss this with all parties involved.
Complete the signature section at the bottom by entering dates and signing for each party involved: Landlord, Tenant, and Cosigner.

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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.

Is cosigning a lease a good idea?

Landlords typically require proof of income and credit checks for both tenants and cosigners. The cosigner does not need to live in the apartment but must sign the lease. Clear communication with the landlord about all occupants and financial arrangements is essential to avoid future disputes.

How does a cosigner on a lease work?

The cosigner is a party with an established financial history who agrees to back up one or more tenants on the lease. They function as a safety net for the landlord. If the other people named in the lease cant make rent or cause damages they cant afford to repair, the cosigner has agreed to pay instead.

What is the new landlord law in Rhode Island?

What new rental laws have been enacted in Rhode Island in 2025? Effective January 1, 2025, landlords cannot charge convenience fees for rent payments unless an alternative fee-free payment method is available. All additional fees must be clearly disclosed in writing.

How do I protect myself as a cosigner?

Cosigning a lease has no direct effect on your credit score; however, if the rent doesnt get paid in full and on time no matter who is to blame you risk a black mark on your credit rating and you could expose yourself to a lawsuit as well.

Who will most likely need to get a cosigner on their rental agreement?

When Is a Cosigner Needed? There are times when a tenant needs a cosigner. Perhaps the tenant is a young person who has not yet established a rent or employment record. Or the tenants credit record is not good.

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How does a co-signer work on a lease?

Co-signers lend their good credit to renters and assume financial responsibility for the lease. If the tenant doesnt pay rent, accrues property damage charges, or engages in illegal activity, the co-signer must cover the due balance.

How do you write a cosigner agreement?

The undersigned, for the consideration of the execution of a Rental Agreement and for other valuable consideration, the receipt of which is hereby acknowledged, hereby guarantee(s) that the resident will pay all rent due and will perform all of the terms and conditions of the residents part to be performed under the

Landlord Tenant Lease Co-Signer Agreement - Rhode Island 2025

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Got questions?

Is cosigning a lease a good idea?

How does a cosigner on a lease work?

What is the new landlord law in Rhode Island?

How do I protect myself as a cosigner?

Who will most likely need to get a cosigner on their rental agreement?

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How does a co-signer work on a lease?

How do you write a cosigner agreement?

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