FAQ- Co-Signers

FREQUENTLY ASKED QUESTIONS-CO-SIGNERS

1) What is needed from me as a co-signer for the application process? 

    a) The applicant will need some of your basic information from you to fill out the co-signer portion of our online application.
    b) After we have received applications from all parties that will reside in the unit a screening request will be sent out to all applicants and the co-signers to complete. There is a fee for the screening for each individual that will be paid online directly to the entity completing the screening. 
    c) Proof of co-signer income needs to be provided
    d) The co-signer will be required to sign the Co-Signer Agreement form when the lease is sent out for signatures. The co-signer will be able to review the lease signed by the applicants. Once all parties have signed the applicants and co-signers will each receive the full, fully signed lease and associated documents via email.

2) I am having issues with the screening: Please review the following video to better assist you: https://www.screencast.com/t/J4Ctd2BdD86u

3) There are more than 1 tenant and more than 1 co-signer. Can we have individual leases? No we only implement one lease per unit. Thus all tenants/applicants and co-signers are responsible together for all portions of the lease (i.e. full monthly rent, late fees, damages etc). 

4) How is the security deposit handled? Security Deposits are due at the signing of the lease. Deposits must be provided via certified check or money order. No cash or personal checks will be accepted. Deposits should be made out to "Tenzing Investments, LLC" and can be mailed or dropped off to our office. Deposits are mailed out (less any damages) email 30 days after the last day of the lease agreement. Tenants are responsible for providing a forwarding address upon move out.

5) How can rent be paid? Rent can be paid via certified check/money order, personal check or through our online portal (debit card or credit card). 

 

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