Guarantors and co-signers for shared apartments
A guarantor or co-signer promises some level of payment if the tenant does not perform. The exact liability comes from the guaranty and lease: it may cover one tenant, the full household, rent only, damages, renewals, or more.
Before anyone signs, read both documents. Confirm the dollar and time limits, notice requirements, release conditions, and whether the guaranty survives a roommate change or renewal. Do not assume a verbal promise limits a signed contract.
Keep the guarantor informed about renewals, replacements, and missed payments. For anyone taking on that obligation, a brief review by a California housing lawyer may be money well spent.