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Guaranty Attachment to Lease for Guarantor or Cosigner - Alaska

Guaranty Attachment to Lease for Guarantor or Cosigner - Alaska 2025

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The document is a Co-Signer Attachment to a Lease Agreement, outlining the responsibilities of the Co-signer/Guarantor to ensure timely rent payments by the Lessee. It specifies the terms of the guarantee, including payment amounts, notification procedures for late payments, and the liability of the Co-signer/Guarantor in case of non-payment by the Lessee. The agreement emphasizes that timely payment by the Co-signer can cure any breach by the Lessee.

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Are non refundable deposits legal in Alaska?

Non-refundable security deposits, including non-refundable pet deposits, are illegal in Alaska.

What is a guarantor and how does it work?

A guarantor guarantees to pay a borrowers debt in the event that the borrower defaults on a loan obligation. The guarantor guarantees a loan by pledging their assets as collateral. A guarantor alternatively describes someone who verifies the identity of an individual attempting to land a job or secure a passport.

What are red flags for tenants?

Obvious Tenant Screening Red Flags Bad Credit, history of evictions and a negative criminal record are obvious red flags when reviewing applications for your rental property. Bad Credit Reviewing your applicants credit history and debt obligation can give you an idea of their ability to pay rent on time, every time.

Are pet deposits refundable in Alaska?

Non-refundable security deposits, including non-refundable pet deposits, are illegal in Alaska.

What is one red flag when looking for an apartment?

This is perhaps the biggest and most obvious red flag of them allnever sign a lease for a property you have not been allowed to view. More often than not, this means they know there is something wrong with the property and they are hoping to get you locked into a contract before you have the chance to back out.

What are red flags for renters?

Not getting most of the deposit back is a huge red flag. Late payments are also a problem. Terminating a lease early is a problem. Not giving proper notice is an issue.

How long do landlords have to return security deposit in Alaska?

Within 14 days after you move out, your landlord must either return your deposit or send you a statement explaining what the deposit was used for and why you are not getting it back. Remember, your landlord can only charge you for damage or cleaning to put the apartment back in the same condition as when you rented it.

Is pet rent legal in Alaska?

Can Alaska landlords charge a pet deposit? Yes, Alaska landlords can charge a pet deposit for an animal on the premises that is not a service animal. The pet deposit can be in addition to the standard security deposit, and cannot be more than one months rent.

Guaranty Attachment to Lease for Guarantor or Cosigner - Alaska 2025

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