The Clark Howard Podcast cover image

11.08.21 The Burger King-Robinhood Crypto Giveaway / A Favorite Car Seller in Trouble and The TOP 10 Cars Ticketed for SPEED

The Clark Howard Podcast

00:00

Co Signer of a Lease Can Affect You

If your brother has a existing lease, the new owner of the property has to honor that existing lease. If he's month to month, they do have the right to tell him to move on. So if you cosign it does affect you in the event your brother does not pay. As long as your brother pays, then your fine pays and pays on time. Your harm as a co signer comes if he doesn't pay rent on an untime basis,. Doesn't pay rent at all, and the landlord reports that about you and him, ultimately to the credit bureaus. That's where you get hurt. But other than that, what you're doing for the love of

Play episode from 07:56
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app