Why do we need a co-signer?Management Companies will often ask for a co-signer when the tenant applying for the property does not meet the minimum qualification requirements.
Do I need to sign the lease?
Only the tenant(s) residing on the property will sign the lease. Co-signers only sign the co-signer agreement.
I am not comfortable giving out my personal information, how will you protect my information?
All documents are safe guarded in a locked cabinet, and are only used when needed (which is almost never). The documents are destroyed at the end of the tenancy.
What are the limits of my obligation?
A co-signer is responsible for all of the obligations of the tenant under the terms of the written rental agreement.
How long will I have to be the co-signer?
The commitment of the co-signer lasts until the tenant has moved, AND has completely met his/her obligations of the rental agreement.
Will I receive notifications of non-payments?
Notifications are only written, and served to the tenant(s) on the rental agreement. However, it is typical for us to contact the co-signers if we do not get a response from the tenant(s) after a notice has been served.