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Lease cosigner agreement

Landlord Tenant Lease Co-Signer Agreement - Wyoming 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 legal 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 obligations. Confirm that you understand your responsibilities regarding unpaid rent and damages.
In Paragraph 2, note that if there’s an assignment or sublease, you remain liable unless explicitly released by the Landlord. Make sure to acknowledge this condition.
Finally, sign and date the document in the designated areas for all parties involved to finalize your agreement.

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Got questions?

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 you have a cosigner on a rental agreement?

If you cant meet the conditions of the lease and have no rental history or credit history, a cosigner can help put a roof over your head. Can help make payments. Two incomes are better than one in this case. So, if your income wont cover the rent each month, a cosigner can help by splitting the rent with you.

Can a cosigner remove themselves from a contract?

When it comes to any loan (including auto, personal, home and student loans) co-signers can request to be released but lenders are reluctant to agree. In fact, studies show that nearly 40% of cosigners pay off some or part of a loan.

How does a co-signer work on a lease?

A co-signer is a person who agrees to take legal responsibility for someone elses debt. If the primary borrower fails to meet their financial obligations on a loan or lease, the co-signer is held accountable for any missed payments.

Can landlords refuse cosigners?

Landlords generally have the right to choose whether to allow co-signers or not. Landlords can also generally choose whether they want to allow individual co-signers or commercial co-signer services.

Can you take a cosigner off a rental lease?

Remember that co-signing a lease is legally binding and may be difficult to get out of unless the tenant signs a new lease on their own, so you should feel confident about your choice before you sign.

Can a cosigner be removed from a rental agreement?

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.

How long does a cosigner stay on an apartment lease?

A co-signer typically stays on a lease for the entire duration of the lease term, which is usually one year for most residential leases. However, the specific duration can vary depending on the terms of the lease agreement and the policies of the landlord or property management company.

Landlord Tenant Lease Co-Signer Agreement - Wyoming 2025

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