Legal Question in Real Estate Law in Colorado
Residential Lease Agreement
I am renting to college students and would like the parents/guardians as co-signers to the lease. How do I incorporate this into the lease agreement I just bought?
2 Answers from Attorneys
Re: Residential Lease Agreement
Without seeing the lease you plan to use, it's hard to determine exactly what language you'll need to add to have co-signers. You can either add a provision to the document if you have room, or you can add a rider to the lease for the co-signer. If you use a rider, reference must be made to it in the lease in the relevant section. You would really be best served by having a lawyer look it over and advise you as to what you need to effectuate your intent.
Re: Residential Lease Agreement
Afternoon,
Talk to an attorney as it would be quick to consider your options and the agreement. The parties can either co-sign or, likely more preferable, they can act as guarantor's of the lease. I would imagine they would have a problem co-signing the lease because of various issues.
Contact an attorney rather than guess and have a poor or invalid agreement.