Landlord Tenant Lease Co-Signer Agreement - West Virginia 2025

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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 area. This specifies where the agreement applies.
  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, note that if there are any assignments or subleases, you remain liable unless explicitly released by the Landlord.
  7. Finally, ensure all parties sign and date at the bottom of the form to validate this agreement. Use our platform’s signature feature for convenience.

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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.
Tenant Provides First Signature Its best practice to have the tenant sign the lease agreement first for a few reasons. If you provide a lease with your signature and the tenant does not sign the document right away, then it makes it harder to move on to another tenant.
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.
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 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
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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.

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