Can You Sign a Lease With More Than One Person?
Yes. It’s possible to sign a lease agreement with more than one tenant. In this case, the legal term is "co-tenants."
Please note that the situation of co-tenants is different from the situation of a tenant and their occupants.
Unlike tenants and occupants, co-tenants are jointly and severally liable for any obligation arising from the lease. Being joint and severally liable means that you as a landlord can pursue civil liabilities from all the co-tenants or from only one of them. In the case of collecting rent, you as a landlord can collect the full amount of the debt from all tenants ("joint"), or from one tenant alone (“several”). In other words, each co-tenant is individually responsible for the total amount of the rent. Having a clause like this in your lease protects you from being shorted on the rent if one tenant decides to break the contract and leave early.
Tellus TIP:
For these reasons, the situation of co-tenancy is significantly more convenient than in the case of a tenant living with occupants. It’s a good idea to ask every occupant over the age of 18 to sign the lease agreement. This makes them co-tenants and gives you the right to collect rent and pursue other legal claims from each of them.
- What Is a Lease Agreement?
- What Are the Tenant’s Basic Rights That Cannot Be Restricted?
- Are You Legally Required to Act in Good Faith?
- How Should You Determine the Rent Price?
- Can You Lease Your Property and Live There at the Same Time?
- Can You Enter Your Rental in Case of an Emergency?
- What Is a Rental Agreement?
- What Is the Difference between a Lease and a Rental Agreement?
- What Are the Advantages and Disadvantages of Leases and Rental Agreements?
- Is a Verbal Rental Agreement Legally Binding?
- Why Is It Better to Have a Written Rental Agreement?
- How Do You Negotiate Lease Terms with Non-English Speaking Tenants?
- What Terms Are Usually Included in a Rental Agreement or Lease?
- Can You Require Your Tenant to Pay Rent in a Specific Form?