Lease Guarantor Requirements: What You Need to Know
Lease Guarantor Requirements: What You Need to Know Renting a house sometimes calls for renters to satisfy tight financial requirements. Should a tenant fall short of their own financial needs, they could call for a lease guarantor. Should the tenant fail to fulfill their commitments, a guarantor promises to cover financial liability for the lease. This tutorial walks over what a lease guarantor performs, who qualifies, and how to control the risks.