How to Get My Name Off a Co-signed Apartment
Getting your name off a co-signed apartment dismisses your legal responsibility to make rent payments if the primary tenant stops paying. But even if were willing to help someone get an apartment, you may eventually want your name off the rental lease. This is possible once the primary tenant proves that he's able to manage the monthly rent payment on his own.
Instructions
- 1
Call the landlord to get your name off a co-signed apartment. If the primary tenant has lived in the apartment for a while and has never missed a rent payment, the landlord may agree to remove your name. This agreement is usually subject to the lease contract including a co-signer release clause, which permits removal of a co-signer after a period of timely payments by tenants.
2Persuade the tenant to remove your name when he renews his lease term. At renewal, the primary tenant can resubmit his personal information, such as Social Security for a credit check and copies of paycheck stubs. If his credit and financial situation improves, he can likely obtain a lease on his own. The new lease eliminates the original lease.
3Ask is someone else can stand in as a co-signer on the apartment. If the primary tenant needs a co-signer to keep the apartment, advise him to search out someone new to co-sign the lease agreement, such as a parent, sibling or another close friend.
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