A STRONG CO-SIGNER CAN PROVIDE MEANINGFUL PROTECTION AND GREATER PEACE OF MIND. A WEAK ONE MAY OFFER LITTLE MORE THAN A SIGNATURE ON PAPER.
AN EXTRA LAYER OF PROTECTION Requesting a co-signer or guarantor is not about making the rental process more difficult. It is about reducing risk while opening the door for qualified applicants who may not yet meet your standard screening criteria on their own. The key is making sure the person backing the lease is thoroughly vetted. A strong co-signer can
provide meaningful protection and greater peace of mind. A weak one may offer little more than a signature on paper. By conducting comprehensive screening and using the right risk-management tools, landlords can make more informed leasing decisions and protect their rental income over the long term.
NANCY ABRAMS Assistant Editor American Apartment Owners Association (866) 579-2262 nancy@aaoa.com
Nancy Abrams has enjoyed a long career in real estate marketing throughout Southern California and Las Vegas. She formerly represented 19 Merrill Lynch Realty branch offices, property managers The Roberts Companies, new home developers, including master planned communities Peccole Ranch and The Valencia Company and shopping centers for Sandy Sigel of NewMark Merrill.
Disclaimer: All content provided here-in is subject to AAOA’s Terms of Use. Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.
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