Joint And Several Tenancy with Guarantors

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  • mariner
    replied
    The problem may arise if there is a dispute over which T caused any damage.
    G's can be protective over their liabilities.

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  • Interlaken
    replied
    So if 1 tenant drops out his guarantor pays up for his portion of rent until you can get a replacement tenant. That sounds the easiest way to work it.

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  • max635
    started a topic Joint And Several Tenancy with Guarantors

    Joint And Several Tenancy with Guarantors

    Hi,

    Hope to get some advice please.
    4 tenants on 1 AST each with a guarantor.
    The AST will be joint and several, so they are all responsible for late or non payment.
    How would this then work with guarantors? I understand there are limited and unlimited type of guarantors.

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