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Updated almost 2 years ago on . Most recent reply
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how to add parents as grantors on a rental contract for students
Hello everybody
This is my first time renting to students. Their parents are going to pay for the rent. I am not sure how to draft the contract. It is for 2 students, they are moving in together.This is for my furnished rental. Please, any advise would be welcomed.
Thanks so much,
Natalia
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@Natalia Barriuso Add them to your lease. Most leases are jointly and severally liable. Means they have to pay all rent even if someone moves out. Do a credit check on all parties including the students. Only accept one payment from the students and for the full amount. It is their problem to collect from the other party.