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Co-Signer Liability In California

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  • 03-13-2008, 04:30 PM
    needtoknow_2
    Co-Signer Liability In California
    Hello,

    My husband (we are in OR) provided a lot of financial information and co-signed on a rental application for my daughter (she is in CA), who subsequently got the apartment. A formal rental agreement was sent to us, but he did not sign it. If she should default on her lease, would my husband be liable?

    Thanks.
  • 03-15-2008, 08:18 AM
    LawResearcherMissy
    Re: Co-signer Question In California
    Quote:

    If she should default on her lease, would my husband be liable?
    Yes. When you co-sign for someone, you agree to make the payments if they default.
  • 03-19-2008, 07:43 PM
    needtoknow_2
    Re: Co-Signer Liability In California
    Thank you. We weren't sure because it was only an application, not the actual agreement.
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