Get the free Cosigner Addendum

This document serves as an addendum to a lease agreement, outlining the responsibilities of a cosigner. It guarantees the payment of all amounts due under the lease and the performance of the lease covenants by the tenant. The cosigner authorizes the landlord to obtain personal and financial information related to their credit history and character references.

How to fill out cosigner addendum

How to fill out cosigner addendum

1. Obtain the cosigner addendum form from your leasing office or property manager.
2. Fill in the tenant's name and the property address at the top of the form.
3. Provide the cosigner's name, address, and contact information.
4. Include any required identification numbers, such as Social Security number or driver's license number for the cosigner.
5. Clearly state the specific obligations and responsibilities of the cosigner regarding the lease agreement.
6. Review the terms of the lease to ensure that the cosigner understands their financial responsibility.
7. Have both the tenant and the cosigner sign and date the form.
8. Return the completed addendum to the leasing office or property manager.

Who needs cosigner addendum?

1. Individuals who have insufficient credit history or poor credit scores and need a cosigner to qualify for a lease.
2. Students or young adults who may not have established credit yet.
3. Anyone who is facing financial challenges and requires extra support to secure a rental agreement.

For pdfFiller’s FAQs

How can I send cosigner addendum for eSignature?

Once you are ready to share your cosigner addendum, you can easily send it to others and get the eSigned document back just as quickly. Share your PDF by email, fax, text message, or USPS mail, or notarize it online. You can do all of this without ever leaving your account.

How do I edit cosigner addendum in Chrome?

Install the pdfFiller Google Chrome Extension in your web browser to begin editing cosigner addendum and other documents right from a Google search page. When you examine your documents in Chrome, you may make changes to them. With pdfFiller, you can create fillable documents and update existing PDFs from any internet-connected device.

How do I edit cosigner addendum straight from my smartphone?

You can do so easily with pdfFiller’s applications for iOS and Android devices, which can be found at the Apple Store and Google Play Store, respectively. Alternatively, you can get the app on our web page: https://edit-pdf-ios-android.pdffiller.com/. Install the application, log in, and start editing cosigner addendum right away.

What is cosigner addendum?

A cosigner addendum is a legal document used in rental agreements or loan applications where a cosigner agrees to take responsibility for the obligations of the primary borrower or tenant.

Who is required to file cosigner addendum?

The primary borrower or tenant and the cosigner are required to file the cosigner addendum to formalize the agreement and ensure that both parties understand the cosigner's obligations.

How to fill out cosigner addendum?

To fill out a cosigner addendum, both parties should provide their personal information, sign the document, and clearly state the terms of the agreement, including the obligations of the cosigner.

What is the purpose of cosigner addendum?

The purpose of the cosigner addendum is to establish a formal agreement that outlines the responsibilities of the cosigner, ensuring the lender or landlord has a legal recourse in case of default by the primary borrower or tenant.

What information must be reported on cosigner addendum?

The cosigner addendum must report information such as the names of the primary borrower and cosigner, their addresses, the specific obligations of the cosigner, and the terms of the agreement.