IMPERIAL REALTY PARTNERSHIP L.L.P.
P.O. BOX 576
SUCCASUNNA, NJ 07876
PHONE: 973-479-5870
FAX: 888-698-3886
CO-SIGNER AGREEMENT
1.This Agreement is entered into on _____________, between ___________________ ("Tenant"), ________________ ("Landlord") and ___________________ ("Cosigner").
2.Tenant has leased from Landlord the premises located at _________________ ("Premises"). Landlord and Tenant signed a lease or rental agreement specifying the terms and conditions of this rental on ____________. A copy of the lease or rental agreement is attached to this Agreement.
3.Cosigner agrees to be jointly and severally liable with Tenant for Tenant's obligations arising out of the lease or rental agreement described in Paragraph 2, including but not limited to unpaid rent, property damage and cleaning and repair costs that exceed Tenant's security deposit. Cosigner further agrees that Landlord will have no obligation to report to Cosigner should Tenant fail to abide by the terms of the lease or rental agreement. (For example, if Tenant fails to pay the rent on time or damages the premises, Landlord has no duty to warn or inform Cosigner, and may demand that Cosigner pay for these obligations immediately.
4.If Tenant assigns or subleases the Premises, Cosigner shall remain liable under the terms of this Agreement for the performance of the assignee or sublessee, unless Landlord relieves Cosigner by express written termination of this Agreement.
5.If Landlord and Cosigner are involved in any legal proceeding arising out of this Agreement, the prevailing party shall recover reasonable attorney fees, court costs and any costs reasonably necessary to collect a judgment.
Date: ____________________
Landlord: _________________________________
William Imperial, General Partner
IMPERIAL REALTY PARTNERSHIP, L.L.P.
Date: ____________________
Tenant: _________________________________
NAME
Date: ____________________
Cosigner: ______________________________
NAME
Cosgner: _______________________________
NAME