Co signers on a lease

[Farport]

I am looking for some advice. We recently accepted a lease with a co-signer (tenant sister) in which qualified the tenant. The tenant moved in two days ago and now due to family drama, the sister wants to be removed from the lease. What are my obligations to entertain that?



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[Matt Crowley]

None. Joint and several so collect rent from whoever you like.

In these situations, just clarify that it only makes sense to collect rent from the people in the property. But she will remain a cosigner.

 

[dpeacock]

You have no obligation to consider that. The co signor is legally responsible for payment of the lease. Time to ask yourself if you want that tenant. Are you setting yourself up for future collection headaches? You could offer to cancel the whole lease if the sister wants off of it.


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[Alvaro Sanchez]

You can remove current co-signer upon finding a suitable replacement for another. Otherwise, you can not remove it.

I am looking for some advice. We recently accepted a lease with a co-signer (tenant sister) in which qualified the tenant. The tenant moved in two days ago and now due to family drama, the sister wants to be removed from the lease. What are my obligations to entertain that?



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