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Updated about 4 years ago,
Lease application with co-signer
Hello,
I have a situation where a potential tenant doesn't have enough income to support the rent. However, the tenant receives child support that would cover the rent amount and is ready to add a co-signer on the lease agreement. The co-signer is a doctor but will not be staying on the property. I spoke to both the tenant and the co-signer and they are ok with the setup. Any advice on whether I can chase the co-signer in case of non-payment of rent by the tenant? Please advice.
Thanks,
Nick