Landlord Tenant Lease Co-Signer Agreement - Maine 2026

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  1. Click ‘Get Form’ to open the Landlord Tenant Lease Co-Signer Agreement in the editor.
  2. Begin by entering the date at the top of the form where indicated. This is essential for establishing the timeline of the agreement.
  3. Fill in the names of the Tenant, Landlord, and Cosigner in their respective fields. Ensure accuracy as these names will be legally binding.
  4. Provide the address of the leased premises in the designated section. This clarifies which property is covered under this agreement.
  5. Review Paragraph 1 carefully and ensure that you understand your obligations as a Cosigner, including liability for unpaid rent and damages.
  6. In Paragraph 2, acknowledge your ongoing liability even if Tenant assigns or subleases the premises unless explicitly released by Landlord.
  7. Complete any additional sections as required, ensuring all parties sign and date at the bottom to finalize the agreement.

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From a landlords view, co-signer agreements are a great way to lower financial risk. Co-signer agreements guarantee rent payment, even in the event of tenant default. They provide extra protection. This layout also lets landlords consider renters who may not meet standard income or credit criteria.
No Guarantees Although a cosigner accounts for the financial end of the agreement, they cannot guarantee tenant behavior. So, landlords may find themselves dealing with excessive noise, damage, or other questionable behavior.
Technically, you can live in an apartment without being on the lease. But normally the lease specifies that only people listed in the lease may live in the apartment, so the person on the lease agreement may get in trouble because of an unauthorized tenant. Not all apartment buildings look at the credit reports.
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.
The 2 biggest signs are not keeping up with basic maintenance. And asking for illegal terms in the lease agreement.

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Landlords typically require co-signers when the applicant doesnt financially qualify for their property. When selecting a co-signer, renters usually choose relatives or close friends. Make sure they have good credit and a qualifying income. Its also important for tenants and co-signers to be in good standing.
The Co-signer acknowledges, has read and understands the Lease Agreement and agrees to accept full responsibility for the fulfillment of all the Terms and Conditions of the Lease Agreement, including the payment of rent and any other related charges.

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