This is a sample Lease Guarantor Application. A guarantor cosigns the lease and assumes financial responsibility for an apartment in the event you can't afford to pay rent. This is a sample application for a guarantor.
Even if your guarantor lives far away, they can still help. Just make sure they understand the commitment and can provide the necessary documentation.
In most cases, you can't be your own guarantor. The idea is to have someone outside your financial responsibility to help support your lease.
The landlord will likely run a background check, looking at credit scores and income. It's like running a quick history check to make sure they can handle the responsibility.
You'll usually need to share your personal details, income proof, and possibly some credit history. Think of it as showing you're dependable and financially stable.
A guarantor can be anyone with a good credit history and a steady income, like a family member or close friend. They need to be someone you trust to step in if needed.