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Guarantor obligations on apt. lease

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Old Feb 22nd, 2008, 02:12 PM     #1
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Question Guarantor obligations on apt. lease

My sister was applying to lease an apartment. Because she was a student and unemployed, she could not fill out the credit application (background forms for application), so I filled one out with my name and income information. The lease company said she had to have a guarantor. She was approved to lease the apartment, and signed the lease. I am not on the lease. If she were to terminate the lease, would I have any responsiblities financially because of the initial credit forms that I filled out? Again, I am not on the lease. Thank you!
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Old Feb 22nd, 2008, 04:06 PM     #2
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Default Re: Guarantor obligations on apt. lease

Absolutely. If you are the guarantor of her lease, you are the financially reponsible party if she defaults on it.
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