Parent Co-sign Form

Prestige Properties, Confidential 1

Prestige Properties, LLC

329 E Court St, Ste 2

Iowa City, IA 52240

Phone: 319-512-7616

Fax: 888-799-9743

www.prestigeprop.com

Parent Co-sign Form

It is hereby agreed on this _______ day of ______________, 20_____ by and between

_________________________, co-signers for ___________________________,

(Co-signer name) (Tenant name)

and Prestige Properties, Landlord, that the aforementioned Co-signers will assume any and

all responsibilities and/or obligations of "Tenant" as described in the Rental Agreement

executed on the _______ day of __________________, 20____ by and between Prestige

Properties and____________________________ in the event that the latter is unable to

(Tenant)

fulfill their obligations to the satisfaction of the former.

The property address is: ___________________________________________

The co-signer is responsible for the leaseholder’s share of expenses if he/she cannot or

does not oblige.

Co-signer Information

Full Name: __________________________________ Date of Birth: __________________

Social Security No._______ -_______ - _______ Home Telephone No. ______ -_______ - _______

Address _________________City____________________ State_________ Zip____________

Employer_____________________________ Work Telephone No. _______-_______ - _______

Prestige Properties, Confidential 2

Each Co-signer, jointly and severally with all other Co-signers and Tenants, if any, or (as applicable)

as tenants by entirety, if married, hereby guarantees the observance and performance when due of all

agreements and obligations of Tenant(s) under the agreed upon lease, as same may be amended, renewed or

extended from time to time by Landlord and Tenant(s), including without limitation, payment of all rents,

fees and damages when due. Co-signer’s main obligations hereunder are that of a surety, and in the event of

a default by any Tenant, Landlord may proceed legally against all Co-signer(s). This Guaranty is an

irrevocable, absolute and unconditional guaranty of payment and of performance, and shall be enforceable

against co-signer without the necessity of resorting to any security under the lease. Co-signer hereby

expressly agrees that the validity of this guaranty and the obligations of co-signer hereunder shall in no way

be terminated, affected, diminished or impaired by reason of the assertion or the failure to assertion or the

failure to assert by Landlord against Tenant any of the rights or remedies reserved to landlord pursuant to

the provisions of the lease or available by law. Co-signer shall be primarily obligated under the lease as if it

had executed the lease as Tenant. Co-signer waives receipt of all notice from landlord hereunder and under

the lease (except any non-waivable notices required by applicable law), including and/or any of the

provisions hereof cannot be modified, waived or terminated unless such modification, waiver or termination

is in a writing signed by landlord. This guaranty shall be enforced and construed in accordance with the

laws of the state in which the facility is located (without regard to principles of conflicts of law) and shall be

binding upon co-signer, his/her/their heirs, executors, administrators, legal representatives, successors and

assigns and shall inure to the benefit of all landlord parties and their respective heirs, executors,

administrators, successors and assigns.

The guaranty shall be an additional assurance to Landlord of the performance of the covenants of

this lease and not in substitution of the Tenant’s responsibilities and obligations agreed upon in the

lease. The guaranty shall be valid for the entire term of the lease as well as subsequent terms or

renewals by the Tenant(s).

Co-signer _______________________________ Date _______________

**By signing form, co -signer authorizes Prestige Properties to perform a credit check or background check, if

necessary. Co-signer forms are accepted at Prestige Properties’ discretion, and a co-signer form does not in

any way guarantee an applicant a rental unit. Failure to fully complete a requested co-signer form may result in

Prestige Properties refusing a rental application.