1. This Agreement is entered into on ______, 199_, between _____________ (“Tenant”), _____________ (“Landlord”) and _____________ (“Cosigner”).
2. Tenant has leased from Landlord the premises located at _________________ (“Premises”). Landlord and Tenant signed a lease or rental agreement specifying the terms and conditions of this rental on ______, 199_. A copy of the lease or rental agreement is attached to this Agreement.
3. Cosigner agrees to be jointly and severally liable with Tenant for Tenant's obligations arising out of the lease or rental agreement described in Paragraph 2, including but not limited to unpaid rent, property damage and cleaning and repair costs that exceed Tenant's security deposit. Cosigner further agrees that Landlord will have no obligation to report to Cosigner should Tenant fail to abide by the terms of the lease or rental agreement. (For example, if Tenant fails to pay the rent on time or damages the premises, Landlord has no duty to warn or inform Cosigner, and may demand that Cosigner pay for these obligations immediately.)
4. If Tenant assigns or subleases the Premises, Cosigner shall remain liable under the terms of this Agreement for the performance of the assignee or sub lessee, unless Landlord relieves Cosigner by express written termination of this Agreement.
5. If Landlord and Cosigner are involved in any legal proceeding arising out of this Agreement, the prevailing party shall recover reasonable attorney fees, court costs and any costs reasonably necessary to collect a judgment.
Date: ____________________
Landlord: ____________________________
Date: ____________________
Tenant: ______________________________
Date: ____________________
Cosigner: ______________________________
