Lease Agreement Age

When it comes to signing a lease agreement, age can play a role in whether or not you are able to legally enter into a binding contract. In most states, the legal age for entering into a contract is 18 years old. However, there are some exceptions to this rule.

Firstly, if you are under the legal age but are emancipated, meaning you have been legally released from the control of your parents or guardians, then you may be able to sign a lease agreement. This is because you are considered to be legally responsible for yourself and your own decisions.

Another exception is if you have a co-signer on the lease agreement who is over the age of 18. A co-signer is someone who agrees to take responsibility for the lease payments if the tenant is unable to pay. This can be a parent, relative, or friend who has good credit and is willing to vouch for the tenant`s ability to make payments.

It is important to note that even if you are over the legal age to sign a lease agreement, you may still be subject to certain restrictions. For example, some landlords may require that tenants be a certain age in order to rent their property. This is often the case for senior housing or student housing, where the landlord may want to ensure that all tenants are of a similar age and lifestyle.

Additionally, some states have specific laws or regulations regarding age and leasing agreements. For example, in California, landlords cannot discriminate against tenants based on age, but they can require that tenants be at least 18 years old to enter into a contract.

In conclusion, age can play a role in the ability to sign a lease agreement. While the legal age is generally 18 years old, there are exceptions for emancipated minors and tenants with co-signers. It is important to check your state`s specific laws and regulations regarding age and leasing agreements, as well as any age restrictions that may be in place for certain types of housing.