Short definitions
- Guarantor: a person with property who backs the tenant.
- Co-signer: joint liability in a document (more common in promissory notes than in leases).
- Legal policy: a legal service contracted with a firm — no guarantor required.
·4 min·Ávalo team
Guarantor, co-signer, and legal policy: what they are and which fits
Terms often used as synonyms — but they aren't. Practical differences and when each one makes sense.
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