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Good evening...If the lease is contingent upon you guaranteeing your son's obligation and you refuse to do so, and he has not yet posted the security deposit, then he can get out of the lease with no further liability. Even if you had signed, he would still have no liability most likely because the landlord has a duty to mitigate by trying to release the premises...and because it is near a university and a year in advance, the likelihood that the landlord cannot relet this place is pretty much non-existent.
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BotXXXXX XXXXXne is that he can get out of the lease for 3 reasons...1) no security deposit paid, 2) no guarantee by parent, 3) duty to mitigate by releasing, 4) your son is judgment proof anyway. I would not worry about it at all.
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