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Good Morning everyone...Mortgage advice please? |
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When is the right time to buy a house!? |
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Landlord worries? |
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Ripped Off? |
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Question about a co-signer on a mortgage...? |
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Apartment Lease HELP!!!? |
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Bruce W | I am guarentor for my daughter to rent a flat,now she is refusing to pay the rent.Will I have to pay it .? |
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Dances with Aardvarks
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Of course you will! That's what you signed up for when you GUARANTEED payment of the rent!
Seriously now, what do you think a guarantor is for?? She could not qualify in her own right so the landlord required someone with acceptable credit to GUARANTEE payment of the rent.
Guess it's time for some Tough Love. |
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mack
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In law school I learned that the definition of a cosigner "was a fool with a pen."
Yes, you will have to pay. However, I'd call the leasing company and explain the situation to them. Then, take actions to terminate the lease and force her eviction.
Sounds harsh, doesn't it? But it may be your only recourse if you refuse to pay. |
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Sweetharttt
 |
Yes, you signed and you are now responsible to pay. |
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neiceywalker
 |
Check the paperwork you signed, but probably yes.
Have you discussed with her why she's not paying?
Can she just not afford to pay, or was she planning on you paying it anyway because your the guarantor?
Speak to the letting company and find out their side.
If you don't bail her out, where will she live?
I hope she not taking you for a ride, good luck sorting it. |
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I Buy And Sell Houses
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Of course you will. That's the whole point in being a guarantor. You promised to pay if your daughter didn't. Now she isn't paying. The owner/landlord will legally look to you, because you promised to pay. |
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JULES, UK.
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probably if your the guarantor... not a good idea to referee your family |
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andy
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Yes, when I rented from a college rental, my parents had to sign as a guarantor also so that if anything happened where I did not pay, they would have to. The best is to see if you can get the lease terminated so that your daughter has to fine a new place and don't cosign anything for her. |
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Hmmmmmmmmm
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Yes you will.
You will also need to speak to your daughter about her actions... That's messed up. |
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Pengy
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Why yes you do |
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Kyle J
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hahahaha, well im not
and i dont think anyone eles is going to |
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