Is it possible to rent an apartment if my name is on another lease? can you lease two apartments at the same time?
It's not illegal to lease multiple apartments in your name.If the landlord feels that you would be a financial risk for holding more than one lease, it will not lease to you.
Is it possible to live in an apartment under someone else's name?If you can't pay your rent, your co-signer will have to pay it.They don't have to live in the apartment, but their name will be on the lease.
If the co-signed lease is in a negative state, it won't affect your ability to get other credit or your own apartment rental lease.
The landlord can use multiple people to make sure the rent is paid if he or she has everyone on the lease.If you were the only signer, this protects you.If you don't pay your rent, the landlord can collect from the co-signer.
Someone can live with a tenant without being on the lease.There is a difference between a guest and a long-term guest.
Renting an apartment with a broken lease can be difficult.Before you start your apartment hunt, make sure to pay off the landlord's balance.It is possible for you to find a home if you can't.
Co-signing is a general rule in life.In the case of a lease, this means that the co-signer is responsible for the duration of the agreement, whether it's a six-month lease or a yearlong lease.
Answer.Under a typical lease assignment, you transfer all of your space to someone else for the entire remaining term of the lease, and the new tenant pays rent directly to the landlord.Your landlord could look to you for compensation if the new tenant fails to pay rent or damages the rental.
Your landlord doesn't report payment activity to the credit bureaus because an apartment lease is not a mortgage.If you break your lease, it can cause a mark on your credit history like a delinquent loan would.Judgements are entered into public record and that could affect your credit score.
When one tenant moves out and a new one moves in, most rent control laws allow landlords to raise the rent.The landlord might not be able to raise the rent as much if the inflation rate is high.
It is difficult to remove a cosigner from an apartment lease because the landlord or property manager may take on more risk if he consents.Landlords and property managers don't have to remove cosigners from leases.
Real Property Law 235-f 3-4 states that the number of tenants in an apartment should not exceed those who are not named in the lease.There should be no more than four people living in the apartment at one time if two people sign a lease.
It is typical to have one year.The landlord can hold you responsible for paying rent until the end of your lease term if you break the lease.If you want to break your lease for the last four months, you will have to pay $7,200.
The landlord is entitled to $600 from you if you broke the lease with 6 months left and the landlord only rents the unit for $1,000 a month.Tenants can be let out of their lease by paying a fee.
If you leave before the end of the lease, you will have to pay rent on the unit until it is rented again.The landlord has a legal obligation to rent your unit again as soon as possible after you move out.
If it's already a month to month lease, you can give the agent your notice to leave and get your name off.Your ex can negotiate their own lease renewal.