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question about lease agreement

We had 3 people sign a 2yr. lease and one person defaulted do we have to pay her portion of the rent
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February 25 2011 - Lincoln
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Answers (2)

Profile picture for wetdawgs
Yes, the two that remain still have to pay the full rent.  When three people sign - any one of them individually can be held responsible for the entire lease payment if one or two of them defaults.   (I suspect it is in the fine print.)  You can always take the defaulter to small claims court for not holding up her portion
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February 25 2011

It is a contract and you would want to have that reviewed by a real estate attorney to see if there are any outs. But once you sign a lease it is a contract to which agreed to the terms when you signed it.

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February 25 2011
 
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