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Question about leasing ?
My parent asked to add me to a lease to show more than one person would be residing at the apartment. The reason for this was they made too much income for one person to be living there? I don’t know much about leasing but that didn’t make sense to me. Is that legitimate? I didn’t want to be tricked into co-signing.
- RitaLv 62 months ago
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- 2 months ago
There are government subsidized apartments which have income limits. Ask them. If this is the only place you can live, then guess what?
- Ron AkiaLv 72 months ago
It sounds to me that your parent is living in a low-income subsidized apartment. Should you move in with her your income would also be considered in determining whether the two of you together would be able to remain there. If the income were too high, you'd both be evicted.
- Christin KLv 72 months ago
I don't know where you live, but almost everywhere one person can rent or lease a big enough apartment for any size family--so don't sign anything. Your parents are either misled or they're not understanding something. You can't make "too much income" for one person to live in an apartment. That's ridiculous.
- sunshine_melLv 72 months ago
If you sign the lease, you're immediately responsible for the full rent.
This definitely feels like a scam.
- StephenWeinsteinLv 72 months ago
If you're not going to be living there, then it's not legitimate. Most apartments don't have a problem with someone having "too much income", only too little. If someone's can be "too much", that means that it's low income housing or that the government is subsidizing it (or both) so they're taking a home that should go to someone with less income who needs it, and may be ripping off the government.
If you are going to be living there, and the total of your income plus their income meets the income qualifications for a two-person household, then it's legitimate.
- SlickterpLv 72 months ago
Yeah, no, that makes no sense.
- linkus86Lv 72 months ago
It can be if you reside in the property and the property is subsidized based upon low income. Higher limits exist for larger households. You may only be listed as an occupant with not liability to pay the rent.
- Anonymous2 months ago
The reasoning doesn't make any sense.How can you make too much unless it's government assisted apt and your committing fraud which will get you in trouble.
- realtor.sailorLv 72 months ago
Income based rentals consider to total income so if you're of legal age you can sign the lease. I guess then the total income would be within the guidelines for 2 people.