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Personal Consumer Issues • Co-sign apartment lease for parent?

My Darling Parent (DP) lives off SS retirement benefits and does not meet the criteria that apartment complexes want for income being 3x rent. I'm in a financial position where i could sign the lease and make DP an occupant (or just co-sign). I'm well compensated, my credit score is excellent and I own my home outright. Do i put myself at any risk doing this? What could i be liable for? DP is not a troublemaker. We would get renter's insurance. I've just generally been cautious about co-signing anything. Is there anything I need to watch out for?.

Statistics: Posted by NewishBog — Tue Aug 06, 2024 5:53 pm — Replies 8 — Views 610



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