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Parental Sponsor Guarentee on Lease?

Posted: Wed Mar 20, 2013 12:26 pm
by lawhopeful10
I am signing a lease for an apartment in Georgia however I am trying to get residency for my second year. The lessor requires either some showing that I will receive loans or I can use the parent guarantee form. I haven't accepted at UGA yet since im trying to hold out and get as much money as I can so I don't know if they could give me anything to show. I am wondering if having my parents guarantee my lease would have any effect on my trying to achieve residency since the lease would still be in my name. Thanks in advance.

Re: Parental Sponsor Guarentee on Lease?

Posted: Fri Mar 22, 2013 2:04 am
by arkgawilson
lawhopeful10 wrote:I am signing a lease for an apartment in Georgia however I am trying to get residency for my second year. The lessor requires either some showing that I will receive loans or I can use the parent guarantee form. I haven't accepted at UGA yet since im trying to hold out and get as much money as I can so I don't know if they could give me anything to show. I am wondering if having my parents guarantee my lease would have any effect on my trying to achieve residency since the lease would still be in my name. Thanks in advance.
I'm no expert on this, but I would say no that won't affect anything, under the premise that I the bills will be in your name, and the lease would be in your name (just with a parent guarantor). I would consider using this website: http://www.law.uga.edu/georgia-residency to see if you are meeting other criteria as well.