Tuesday, August 12, 2014

Joint Liability of Tenants

It is not uncommon to encounter a situation when two or more original tenants under a single lease agreement would act differently, and then expect different treatment by the landlord. A non-defaulting co-tenant might want to disassociate from a defaulting one. And, sometimes, a defaulting tenant would like to take all the liability on his or her own, in an effort to save other co-tenants from being held liable alongside with the defaulter. The outcome for such intentions may be decided based on the text of the lease.