A LANDLORD’S GUIDE TO CO-SIGNERS You have a vacancy to fill and a rental application from a prospective tenant who seems like a great fit. After reviewing their background screening and credit report, however, you discover a potential concern. Maybe they have a limited credit history, a few past credit issues, or insufficient income to give you complete confidence. Situations like these are common, and they do not always mean the applicant should be denied. In many cases, requiring a qualified co-signer or guarantor can help reduce your risk while giving an otherwise acceptable applicant the opportunity to rent your property, but it is important to handle the process carefully.
PAGE 15
Powered by FlippingBook