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

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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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