Guarantor (Co-Signer) Lease Addendum

A guarantor lease addendum is a document that adds a guarantor to an existing rental agreement. The guarantor, or “co-signer,” will be responsible for paying the landlord if the tenant violates the lease.

Guarantor (Co-Signer) Lease Addendum

A guarantor lease addendum is a document that adds a guarantor to an existing rental agreement. The guarantor, or “co-signer,” will be responsible for paying the landlord if the tenant violates the lease.

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Last updated January 30th, 2024

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A guarantor lease addendum is a document that adds a guarantor to an existing rental agreement. The guarantor, or “co-signer,” will be responsible for paying the landlord if the tenant violates the lease.

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Guarantor’s Liabilities

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GUARANTOR LEASE ADDENDUM 1. THE PARTIES. This Guarantor Lease Addendum (“Addendum”) made this [DATE] , is by and between:

Landlord: [LANDLORD’S NAME] (“Landlord”),

Tenant: [TENANT’S NAME] (“Tenant”), and

Guarantor: [GUARANTOR’S NAME] , with a mailing address of [ADDRESS] (“Guarantor”).

The Landlord, Tenant, and Guarantor are each referred to herein as a “Party” and, collectively, as the “Parties.”

2. LEASE AGREEMENT. This Addendum shall be incorporated into and made part of the lease agreement between the Landlord and Tenant with a date of [LEASE DATE] , for the property located at [RENTAL PROPERTY ADDRESS] (“Lease”).

3. CONSIDERATION. As a condition to entering into the Lease, the Landlord has required that a Guarantor execute and deliver to the Landlord this Addendum.

NOW THEREFORE, in consideration of the Landlord entering into the Lease of the premises to the Tenant, Guarantor covenants and agrees as follows:

a) The Guarantor accepts all responsibilities, obligations, and liabilities mentioned in the Lease in addition to and on behalf of the Tenant. This shall include any liability including, but not limited to, rent, property damage, or any other legal or financial obligation to fulfill the terms of the Lease.

4. COLLECTION. The Landlord agrees to first attempt collection from the Tenant for any financial matter or judgment, and only after seeking all financial and legal remedies available, to attempt collection from the Guarantor.

IN WITNESS WHEREOF, the Guarantor has executed this Addendum as of the date first written above.

Guarantor’s Signature: ___________________
Print Name: ___________________