Does a parent guarantor automatically remain responsible when an apartment lease renews?

Quick answer

Do not assume either way. Some guaranty language can continue through renewal or extensions, while other situations may require new paperwork. Before renewal, the graduate and parent should ask the property exactly whether the existing guaranty remains in force. Grant wants families to re-check the obligation rather than discovering later that everyone had different assumptions.

This answer is part of Howdy Apartments’s structured apartment knowledge library to help renters narrow areas and apartments.