Lease Guarantor Agreement in Maryland
A guarantor (co-signer) promises to pay if the tenant does not. Check your state's rules below before requiring one.
What Maryland law says
| Guarantor / co-signer rules | No statute limits co-signer or guarantor requirements. A landlord may not require a tenant to buy a surety bond instead of a security deposit (and need not accept one); if a surety bond is used, the bond plus any security deposit may not exceed two months' rent per unit, with up to triple damages for excess charges. |
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LEASE GUARANTY
Guarantor: [guarantor name], [guarantor address] Tenant: [tenant name] Landlord: [landlord name]
Lease: [rental address], dated [lease date], term [lease term].
The guarantor agrees to pay rent and other amounts the tenant owes under the lease if the tenant does not, up to $[guaranty limit or 'the amounts due under the lease'].
This guaranty covers [the original term only / renewals too]. The landlord will notify the guarantor in writing of any default.
Signatures and dates: [signatures]
Lease Guarantor Agreement for other states · Maryland tenant rights
General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.