Landlord Tenant Lease Co-Signer Agreement - New Hampshire 2025

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No. Not the correct legal way to do it. If they dont reside there, they are not a tenant. They are a guarantor.
Create a state-specific lease agreement outlining the terms of the co-signer and the responsibility of each party and add both parties to the lease agreement. Get all parties to sign so the lease agreement is legally binding. Make sure they both understand when and how rent should be paid every month.
There are other issues with cosigners that affect tenants and landlords negatively but adjudicators nullifying their financial guarantees is the primary reason that landlords avoid them.
In most cases, both the tenant and the landlord must agree to remove the cosigner. The tenant must also prove financial stability. They will need to show that they can meet the rental obligations on their own.
Any adult can act as a cosigner provided they meet the landlords qualifications. Often, tenants ask a family member or trusted friend to cosign for them. However, keep in mind that your cosigner will also have to submit an application and be put through a credit and background check.

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No, landlords cannot cancel a lease without a valid reason.
A renter and their co-signer will need to fill out separate applications to provide the landlord or property management company with a full picture of both parties income and rental history.

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