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Joe Mayne

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I agree with Luke P. I think the purpose of the article is to address the potential financial risk for guarantors of Joint and Several Liability Contracts specifically, rather than just guarantor liability in general. I would say most parents who agree to be rent guarantors are aware they are agreeing to cover the rent for the specific tenant they sign the guarantor agreement of but can often not realise that, under Joint and Several Agreements, they are equally liable for other tenants they may have never met!

From: Joe Mayne 08 June 2018 10:16 AM

I agree with Luke P. I think the purpose of the article is to address the potential financial risk for guarantors of Joint and Several Liability Contracts specifically, rather than just guarantor liability in general. I would say most parents who agree to be rent guarantors are aware they are agreeing to cover the rent for the specific tenant they sign the guarantor agreement of but can often not realise that, under Joint and Several Agreements, they are equally liable for other tenants they may have never met!

From: Joe Mayne 08 June 2018 09:58 AM

I agree with Luke P. I think the purpose of the article is to address the potential financial risk for guarantors of Joint and Several Liability Contracts specifically, rather than just guarantor liability in general. I would say most parents who agree to be rent guarantors are aware they are agreeing to cover the rent for the specific tenant they sign the guarantor agreement of but can often not realise that, under Joint and Several Agreements, they are equally liable for other tenants they may have never met!

From: Joe Mayne 08 June 2018 09:56 AM

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