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What does joint and several liabilities mean?

April 26, 2017Joint liabilities mean

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What does joint and several liabilities mean?

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If you take up a tenancy with another person or persons, you are then taking a tenancy with joint and several liabilities. Each tenant has then taken on the liability of the other tenant. This means for example, if there are two people as joint tenants and one of them does not pay their share of the rent or leaves the property early without the landlord’s agreement, the other is responsible for paying the full rent.