
Do I need a guarantor to sign a contract for a monthly apartment?
It is said that the screening process for monthly apartments is easy, but are guarantors, as is required for regular rental contracts, necessary?
In this article, we will answer the question, "Do I need a guarantor to sign a contract for a monthly apartment?"
The necessity for a guarantor varies depending on the operating company.
Whether or not you need a guarantor to sign a contract for a monthly apartment depends on the apartment management company.
You can check this information on the property details page, so be sure to check before applying.
Why do I need a guarantor to sign a contract for a monthly apartment?
Why is a guarantor sometimes required when signing a monthly apartment contract?
In many cases, rent for monthly apartments is paid in advance, so some people think that a guarantor is not necessary to guarantee the rent.
However, some people believe that having a guarantor increases the reliability of the screening process. The idea is that because it is a short-term stay, having a thorough screening process gives people a sense of security.
Properties that do not require a guarantor have the advantage that you can apply immediately even if you suddenly decide to stay, so it can be said that there are advantages to having a guarantor or not.
If you pay in advance for the monthly apartment Livemax, you do not need a guarantor. However, you will need an emergency contact number.