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.
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?