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General Property Management
Co-signer on an apartment lease
T
Terri U
started a topic
almost 15 years ago
If I was the cosigner on an apartment rental lease, am I only responsible for the term of the original lease, if they alow the tentant to stay past the term of the original lease and I do not co-sign again am I still resonsible?
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Ashley S
said
almost 15 years ago
Terri, That depends on the wording of the original lease. Many leases have wording that says if a new lease is not executed, then the original lease "rides." If that was the wording in the original lease, you may have a fight on your hands. Without any such wording, if the original lease provided a "to" date, then you should be ok.
T
Terri U
said
almost 15 years ago
I also just found out that the apartments have been sold and are now have a new owner and a new name, can the former owners still try to sue me? And my daughter moved out of these apartments approx. 6 years ago.
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