Legal Question in Landlord & Tenant Law in California
Termination of guarantor form
We signed a guarantor form two years
ago for a daughter, we have had to pay
each month for 24 months, how can
we rescind or terminate this obligation
since she is 38 years old? Is there a
form that you could email us?
1 Answer from Attorneys
Re: Termination of guarantor form
You cannot unilaterally withdraw from a lease guarantee, unless the lease specifically contains a provision which allows you to do so (extremely rare that it would contain such a provision). At this point, you are probably on a month-to-month tenancy with the landlord (unless the lease was more than two years), so you can give a 30 day notice that you plan to vacate the premises, however, your daughter would have to actually leave for it to be effective. If she doesn't leave at the end of the 30 days, then you are back to square one, being sued as the guarantor for her failure to pay rent and/or vacate the premises.
Your best option is to go to the landlord and ask him to qualify your daughter as the sole responsible person on the lease, have him draft a new lease with her as the only party aside from the landlord, but he's going to want to know that she will be able to perform under the lease without your help. He may want to run her credit and/or verify employment and ensure that she actually makes enough to pay the rent. You're in a pretty bad situation unless the landlord will agree to let you off the hook. Whatever you do, make sure its in writing, and it should probably be reviewed by an attorney to make sure its done properly. Good luck.
*Due to the limitations of the LawGuru Forums, The Gibbs Law Firm, APC's (the "Firm") participation in responding to questions posted herein does not constitute legal advice, nor legal representation of the person or entity posting a question. No Attorney/Client relationship is or shall be construed to be created hereby. The information provided is general and requires that the poster obtain specific legal advice from an attorney. The poster shall not rely upon the information provided herein as legal advice nor as the basis for making any decisions of legal consequence.
Related Questions & Answers
-
3 Day Pay/Quit LL is using my signed Application to Rent for his 3 Day Notice... Asked 12/09/08, 10:48 am in United States California Landlord & Tenants