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Guaranty Attachment to Lease for Guarantor or Cosigner - District of Columbia

Guaranty Attachment to Lease for Guarantor or Cosigner - District of Columbia 2026

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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 liabilities. The Co-signer agrees to cover any unpaid rent within five days of receiving notice from the Lessor, and acknowledges that their liability is joint with the Lessee.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the form, followed by the names of the Lessor and Cosigner/Guarantor. Ensure accuracy as this information is crucial for legal purposes.
Fill in the name of the Lessee and the address of the leased premises. This establishes who is being guaranteed and where they reside.
Specify the monthly rent amount and total guaranty amount for the lease term. This section outlines your financial commitment as a guarantor.
Provide your address as a Cosigner/Guarantor. This ensures that you receive any necessary notices regarding payment failures.
Review your obligations regarding timely payments and understand that you are jointly liable with the Lessee for rent payments.
Finally, sign and date the document at the bottom, confirming your agreement to these terms.

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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.

What is a guarantor form?

A lease guarantor form is a document that involves a third party, known as a guarantor, who agrees to take on the financial obligations of a lease agreement if the tenant fails to do so.

What credit score is needed for a guarantor?

What is the minimum credit score for guarantors? Most landlords want guarantors with a credit score of 650 or higher. This score shows the guarantor can cover rent if the tenant misses payments. For example, a parent with a 700 credit score co-signing a lease can reassure landlords.

Is it better to be a cosigner or guarantor?

Guarantor: Preferred in some cases where landlords want a financial backup rather than an additional tenant. Cosigner: More common in situations where a landlord requires a financially stable leaseholder.

What is the guarantor clause of a lease?

In a full guarantee, the guarantor promises to pay and perform all of the tenants obligations under the lease both monetary obligations (such as payment of base rent and additional rent) and performance obligations (such as performing repairs and maintaining insurance).

Are you liable as a co-signer or guarantor?

Shared responsibility: Co-signers are equally liable from day one, while guarantors are only responsible if the borrower defaults. Real risks involved: Both roles carry financial, legal and relational consequences choose carefully before committing.

Can you assign a lease to a guarantor?

a tenant cannot assign a lease to its guarantor in any circumstances. If it purports to do so, it will contravene the provisions of the Act and therefore the transaction will be deemed to be void.

What is the downside of being a guarantor?

If the borrower is high-risk, a guarantor can help them secure new credit. As with a co-signer, the risks lie primarily with the guarantor. If youre a guarantor, you might have to shoulder a financial burden on behalf of the borrower, which can be a challenge even for someone with high credit scores.

Guaranty Attachment to Lease for Guarantor or Cosigner - District of Columbia 2026

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