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I have a 65-year old woman who collects social security. Her daughter and son-in-law will be paying the rent. Do I make the lease out to the woman and have the payees co-sign? Never had this kind of situation before and need some advice. Thanks.
Brenda W, PA on Monday, May 11, 2015
RE: Apt. Lease
Yes, you would make the lease out as the older woman as the tenant and the daughter and son in law both as co-signers if they will both be the responsible financial parties. They would sign the lease and a separate co-signer agreement and would also get all documents that are required by your city/state to give to tenants or residents.
Posted by Patty H, on Monday, May 11, 2015
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