How to Verify Guarantor's Expected Rent Payments During Certification

How to Verify Guarantor's Expected Rent Payments During Certification



Some tax credit sites may require a household to get a third party to sign a lease guaranty if its ability to pay the rent is questionable. In a guaranty, a third party (known as a guarantor) becomes legally responsible for the rent in case the household doesn’t pay. And sometimes, a household expects the guarantor will pay part of the rent each month.

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