Legal Question in Real Estate Law in Wisconsin

Co-sign for a rental property

If you co-signed for a rental property that you will not be living in and it was dated for a year lease, if after that time the party living in the rental doesn't pay their rent, Are you as a co-signer still liable as it is past the year's lease and they are renting month by month?


Asked on 6/08/04, 11:06 am

1 Answer from Attorneys
Thomas Schober Schober Schober & Mitchell, S.C.

Re: Co-sign for a rental property

If the lease says it becomes a month to month lease after one year, then the same lease is still in effect, and it has just become a month to month lease. You then are still liable.

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Answered on 6/08/04, 4:22 pm


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