Delaware landlords, if you are signing a lease with a tenant who is a minor (such as a student), make sure a parent or guardian of the tenant executes this Lease Co-signer Agreement.
The cosigner agrees to:
- have the landlord check his ⁄ her credit,
- guarantee that the tenant complies with the rental agreement,
- guarantee the payment of rent.
This Delaware Lease Co-signer Agreement is provided in MS Word format. It should be attached as a schedule to the lease or rental agreement.
CO-SIGNER AGREEMENT (ADDENDUM TO THE LEASE / RENTAL AGREEMENT) Date: ___________________ This agreement is attached to and forms a part of the Lease / Rental Agreement dated ____________, ______ between _____________________________, Landlord, and _________________________, Tenant with respect to the rental premises located at _________________________________ [address], __________ [city], Delaware. My name is _______________________________ (Co-signer). I have completed a Rental Application for the express purpose of enabling the Landlord to check my credit. I have no intention of occupying the dwelling referred to in the Rental Agreement above. I have read the Rental Agreement, and I promise to guarantee the compliance of the Tenant with the financial obligations of this agreement. I understand that I may be required to pay for rent, cleaning charges, or damage assessments in such amounts as are incurred by the Tenant under the terms of this Agreement if and only if the Tenant fails to pay. I also understand that this Co-signer Agreement will remain in force throughout the entire term of the te
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