Question: What Can I Legally Say About My Former Tenants? This question arose after the issue in which we discussed tenant history and how to ask the right questions. That article was written from the perspective of the landlord who is investigating an applicant.Â
But sometimes, the shoe is on the other foot. As a landlord, you may get a call from another landlord or property manager who is investigating an applicant who is your current or past tenant. What can you say?
The basic rule is to follow the advice given by Joe Friday (from the TV show, Dragnet, for those of you old enough to remember!), and that is, "The facts, ma'am, just the facts."Â
Do not give personal opinions or feelings about your tenant or former tenant.
What do most landlords want to know? They want to know if the tenant paid the rent on time.Â
If the tenant did pay on time, say so; if he did not pay on time, say so only if you have written records such as ledgers, to prove what you say.
What if the tenant in question has been given notice to vacate or is being evicted? Again, just the facts regarding history of rental payment that you can substantiate.
Question: I am considering renting to three roommates. They seem like nice young people, but they are all moving out of their parents' homes for the very first time. Their parents have volunteered to be co-signers of the rental agreement. I have agreed to have them as co-signers and want them each to guarantee the entire amount of the rent. They object, saying that each should be responsible for only one-third of the rent. Your opinion, please, as to what the fair (and safe!) thing to do is! The purpose of co-signers or guarantors of the rental agreement is to establish who, other than the residents, will be liable for the rent and other monies due under the rental agreement. Co-signers or guarantors are often used when an applicant has bad credit, or perhaps in the case of the young people in the above example, no credit, as they are living on their own for the first time. A co-signer or guarantor may also be used when the landlord is not convinced that the applicant has the financial ability to pay. Perhaps the applicant has had past credit problems.
Your rental agreement calls for (or should call for) all of the tenants to be "jointly and severally liable" for the payment of rent. This means that each of the tenants is responsible, in full, for the entire rental amount. If one roommate moves out, the other two who remain in the property must pay the full rent, not just two thirds of it. By the same token, you want all of your co-signers to be liable for the entire amount of rent, not just one third each. Your requirement that they each sign that they will be "jointly and severally liable" is reasonable.
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