Young America Blog » Jen Janssen

Joint Leases

What is a Joint Lease & How Does It Work?

            When you sign onto a lease it is considered a "Joint Lease" unless all Parent / Guardian Guarantee of Lease forms are turned in, but I will explain that a little later on. A joint lease means that all residents signed onto the lease are jointly and severally liable for all rental payments and any other obligations pursuant to their lease. If one of your roommates did not pay their rent, everyone else on the lease would be responsible for the rent since it is joint responsibility. Any bills …

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