Canadian Rent Issue

Wysp

Canada2299 Posts

August 28 2008 13:33 GMT

If you sign a lease with a bunch of other people, and one of those persons fails to pay rent, can the landlord request that share from the other co-signers?

Bill307

Canada9103 Posts

August 28 2008 13:38 GMT

Did you each sign your own lease? Or did all of you sign a single lease?

Wysp

Canada2299 Posts

August 28 2008 13:43 GMT

a single lease

floor exercise

Canada5847 Posts

August 28 2008 13:45 GMT

Yes if you cosign you are equally responsible for the rent. As far as the landlord is concerned you are a single entity. How you split up rent and whatnot on your end is your prerogative, but if rent doesn't get paid collections will go after all of you and your credit will get ruined. Don't sign anything with someone you dont trust

Bill307

Canada9103 Posts

August 28 2008 13:50 GMT

If I were you, Wysp, I'd read over the lease and see if it explicitly mentions what will happen if one of you fails to pay rent. If not, then I'd assume floor exercise is right.

Krohm

Canada1857 Posts

August 28 2008 14:01 GMT

Since you've all signed a single lease, that means the rent has to be there regardless of who does, or doesn't pay. So yeah if some one stiffed you, you have to dish out their share. I'd recommend giving them the boot, and getting a new lease.

Wysp

Canada2299 Posts

August 28 2008 14:05 GMT

Oiy, thanks guys. I'm not too worried about this I'm just curious about the ends. I'm also curious how old you have to be to sign a lease in Canada, as I'm working on a subletter right now.

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