Legal Question in Real Estate Law in Georgia

co-signing

i cosigned a lease for a friend, i never lived in the apartment and explained this to the rental office when we signed. they knew i lived in new york and he would occupy the apartment. we both signed the lease but they are telling me that im the only name on the laese. can i be held responsible for the money he owes?


Asked on 2/12/09, 4:46 pm

2 Answers from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: co-signing

Almost definitely, depending on the exact terms of the lease. That is precisely why landlords get people to co-sign leases. However, you may have an action against your friend if you are obligated to pay anything.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

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Answered on 2/12/09, 4:59 pm
Charles W. Field Charles W. Field, Attorney at Law

Re: co-signing

Well, I doubt that they did not get his signature. Nevertheless, you are liable. The good news is that they will have to pursue legal remedies against you in NY.

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Answered on 2/12/09, 5:26 pm


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