What legal responsibilities does a guarantor have?

Apr 1, 2023 ... required to provide units at restricted rents. ... Please note that the Office of Housing does not provide tenant legal assistance, consultation ... Mar 19, 2024 ... You will then need to verify the guarantor's identity and financial status to ensure they are suitable for the role. This might involve checking ... Jul 1, 2022 ... Section 8 provides subsidies to low-income renters. You will need a landlord willing to work with Section 8 requirements. Other community ... Aug 19, 2021 ... A guarantor is responsible for the rent and any other charges incurred during the lease term if the tenant cannot pay. Aug 10, 2022 ... Yes 80x. They have to be able to pay their rent and yours since they are signing your lease and are financially liable for you (if you can't ... Dec 4, 2024 ... Guarantors are required by ... As an alternative, you could offer references from previous landlords, your bank, an employer or sponsor. Apr 7, 2024 ... A guarantor is someone who agrees to pay your rent if you do not pay it. They sign an agreement which has their responsibilities and when they have to pay. They've got a low credit score. Perhaps they need a guarantor for a rental property, a loan, car finance, or a mortgage. Whatever the reason, you need to ... May 26, 2022 ... If you're renting for the first time, you may be required to have a guarantor ... guarantor to ensure they can follow through with any necessary ... Most students will need a guarantor, but failure to provide one does not release you from the lease. ... rent) if you do not have a guarantor. Know the ...