What is a guarantor?
A Guarantor is a financial institution (commercial bank, broker, etc.) which is a member of a Medallion Guarantee program and guarantees that the signature on a certificate or stock power is genuine, that the person signing is the appropriate person to endorse the security and the signer has the legal capacity to do so.
A Guarantor is someone who is currently living and working in the United States and agrees to be equally responsible for all of the rules, regulations, and guidelines of the lease for the entire term. A Guarantor does NOT guarantee only an individual Tenant on the lease but the terms of lease itself. If necessary, we require only 1 Guarantor, even if there are several Tenants and roommates. We may accept an alternate Guarantor or an additional one if the initial Guarantor does not qualify individually. In the event another Guarantor is needed, we accept a maximum of 2 Guarantors living and working in the United States. We do not accept International Guarantors living and working outside of the United States. All required documents listed on the Steps to the Application Process list are expected to be submitted by all pre-approved Guarantors within 2 business days of the lease signing no exceptions.
