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Updated about 2 years ago,
Any Real Benefit to Having Adult Children on a Lease?
Hi all,
First post after lurking for a while. Close to approving a well qualified applicant for my second rental property. She has two children over the age of 18 living with her who have not filled out an app yet. I am planning on screening them both to check out their background but was curious about what everyone is doing as far as putting 18+ kids on the lease.
If it ever came to chasing them down for money, I don't think I'd get far based on what I've seen here but are there any other reasons to add them? For example, if the lease holder skips town and the other occupants have rights, would them being named on the lease make an eviction simpler or is the only reason to list them on the lease to hold them financially accountable?
I know similar questions have been asked here but haven't seen any look at it from this angle.