State-Specific Legal Forms Landlords Trust
Contact Us
Search Forms Library

Lease Co-Signer Agreement

Add this addendum to the standard lease agreement to legally transfer the terms of the lease to a non-occupant co-signer.

Trusted by over 2.3 million landlords

Get Started In Just

3 Steps
Step 1 - Personalize Your Lease

Edit if Desired

Step 2 - Choose Free or Pro

Lease Info Auto-Filled In

Step 3 - Save, Print, or Email!

Save, Print, or Email

Lease Co-Signer Agreement

(last edited 3/10/2014)
Not every prospective tenant has stellar credit. Sometimes good tenants have bad credit. When you are approached by a tenant with less than stellar credit or no credit history at all, you have the option of rejecting them or requesting they provide a co-signer. A co-signer guarantees that if the tenant fails to pay the rent, the co-signer will step in to meet the obligation. By offering tenants with inconsistent credit or rental histories the opportunity to guarantee the terms of their lease with a co-signer, you’ll be able to vastly expand your pool of applicants -- and your revenue stream. But when you’re dealing with a rental candidate whose record is marginal, it makes sense to minimize your risk by clearly defining the co-signer’s responsibilities. Use our Lease Co-Signer Agreement addendum to extend the legal terms of a tenant’s lease to a co-signer.

Co-signers are non-occupants who pledge responsibility to honor the lease terms in order to help a tenant with a marginal history qualify. Co-signers are commonly used for students who have no rental or employment history, persons with sketchy employment and rental histories, or person with bad credit or a combination of poor rental and credit history.

Co-signers are not included on the lease, but are made parties to the lease agreement through the Lease Co-Signer Agreement. They are legally bound by all of the terms in the agreement just as the tenant is legally bound.

Co-signers should be screened for credit history and ability to pay the same way tenants are screened for credit history.

Our Lease Co-signer Agreement form is customizable so that you can include as much or as little additional information as you would like.

Landlords and property managers may want to include language advising co-signers of mandatory renewal screening updates. When a tenant renews his/her lease agreement, the co-signer is then subject to new credit screening for continued eligibility.

Use our Lease Co-signer Agreement for all of your borderline or high-risk tenants.

Why ezLandLordForms?

#1 Rated Lease Agreement

No Recurring Billing

No Recurring Billing

No automatic charges or monthly billing

State Assist

State Assist

So you know you're complying with state laws

Full Support

Full Support

Phone, live chat, or email... try us now!

Unlimited Access

Unlimited Access

Edit & print any of our forms with pro access

100 Percent Satisfaciton Guaranteed

Trusted by over 2.3 million landlords & property managers since 2006!

Contact US - Live Assistance Avialable
Contact Us! Live Assistance Available
Call us with questions or comments
1-877-367-6771 Call us with questions or comments
Fox Business Logo CBS Radio Logo msnbc Logo The Wall Street Journal - WSJ - Logo CNN Money Logo
Carbon Free - CarbonFund.org Click to verify BBB accreditation and to see a BBB report. website security
ez Landlord Forms products and services are reviewed and approved by attorneys, accountants, fellow landlords, or industry experts.
ez Landlord Forms is not a law firm and our products and services are not a substitute for the advice of an attorney.
Copyright © 2006-2016, ezLandlordForms LLC. All Rights Reserved. | Privacy Policy | Terms & Conditions | ezLandlordForms Affiliate Program