Guarantor woes
New Member
- Jurisdiction
- New York
I have signed up as a guarantor for my son in NYC two years ago. The plan was that after a year he would have established his credit and I would be removed as guarantor, he has two other roommates and their parents/grandparents also signed as guarantors. Before the second lease came due I contacted the realtor to try and find out what the procedure was for being legally removed. She directed me to the property management company. I contacted them multiple times but never got a resolution or written confirmation of removal. The new lease did not include my son, however my understanding was that I was liable for the property, not those listed on the lease. What is the procedure for making sure that you have been legally removed as a guarantor? Thanks!