How To Get Out Of A Co-signer Apartment Lease?
My husband co-signed a apartment lease for his sister. Come to find out she is not being responsible there. I wanted to know the legal ways to get out of this lease to save his behind? Please someone help!!!!! She has only been there for a month and a half and has like 11 1/2 to go, it was a 13 month lease.
Tags: Apartment, Break, Breaking, Cosigner, Landlord, Lease, Lease Term
He agreed to pay her rent if she did not pay it. He can’t simply get out of that contract because his sister is a flake. The reason she needed him to make this agreement in the first place is because she has some history of ripping people off.
He volunteered for this. He can’t get out, this is exactly what he asked for.
Hmmm – it’s not cheap to get out of, that’s for sure.
You will have to buy out her portion of the lease (she would have to agree to this)
She signs off and you all are the primary leasor…at that point you can see if the landlord will let you sublet it out (let someone else move in and pay the rent…like his sister was supposed to do) OR just pay off the lease and take her to court for her half and call it a learning experience.
Your husband did a rather silly thing in co-signing for an irresponsible person. Now that the deed is done, your husband is on the hook for the duration of the lease. If he does not get his sister to straighten up, she will be evicted and it will appear on HIS credit report as the co-signer.
only way out mutal agreement between the contract holders, (landlord, and tenant) Talk to the land lord, and say look, I’m not cool with this, this is not what I agreed to with her, and I think it’s in both our interests to terminate the contract, and for you to find a new tenant. No one likes to go to court.