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Landlord Tenant Lease Co-Signer Agreement - South Dakota

Landlord Tenant Lease Co-Signer Agreement - South Dakota 2026

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The Cosigner Agreement outlines the responsibilities of a cosigner in relation to a lease between a tenant and landlord. The cosigner agrees to be jointly liable for the tenant's obligations, including unpaid rent and damages, and remains responsible even if the tenant subleases the property. The agreement also stipulates that in any legal disputes, 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 at the top of the form where indicated. This is essential for establishing the timeline of the agreement.
Fill in the names of all parties involved: Tenant, Landlord, and Cosigner. Ensure that each name is spelled correctly to avoid any legal issues.
Provide the address of the leased premises in the designated field. This should match what is stated in the lease agreement.
Review Paragraph 1 carefully and ensure you understand your obligations as a Cosigner, including liability for unpaid rent and damages.
In Paragraph 2, acknowledge your ongoing liability if Tenant assigns or subleases the premises. Make sure to read this section thoroughly.
Finally, sign and date where indicated at the bottom of the form for all parties involved to finalize the 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.

Why do landlords not allow cosigners?

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.

What are some red flags in a lease agreement?

The 2 biggest signs are not keeping up with basic maintenance. And asking for illegal terms in the lease agreement.

How does a co-signer work on a lease?

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.

Can my boyfriend live with me without being on the lease?

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.

Can you have a co-signer on a rental lease?

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.

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