Lease Agreements With Multiple Tenants
Description
How to fill out Delaware Amendment To Lease Or Rental Agreement?
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FAQ
Yes. It's possible to sign a lease agreement with more than one tenant. In this case, the legal term is "co-tenants." Please note that the situation of co-tenants is different from the situation of a tenant and their occupants.
When you sign a lease and agree to joint and several liability, you are agreeing that you are each fully responsible for the full amount of the rent, for fulfilling all conditions of the lease, and for any damages to the rental.
When you sign a lease and agree to joint and several liability, you are agreeing that you are each fully responsible for the full amount of the rent, for fulfilling all conditions of the lease, and for any damages to the rental.
Also called a by-the-bedroom lease, an individual lease holds each roommate responsible for their own monthly rent. They will be held accountable for upkeep and damages in their room, bathroom, and any shared common areas. If your roommate violates the lease or is late on rent, you will not be penalized.
Joint Leases A joint lease is one in which all roommates in a particular apartment sign the same lease. This means everyone is equally responsible for for all rules and regulations of the lease (including rent payments), and that any one tenant is responsible for the actions (or inactions) of all the others.
