Real Estate Law
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Unfortunately, no. If you are a co-signer on the lease and grandson gets evicted, then both you and he would be liable for the rent jointly until the landlord re-rents the property. If grandson gets evicted, that doesn't relieve either of you for any liability under the lease contract.
However, the landlord can only hold you both responsible for any lost rent until he re-rents the property to another tenant.
As an aside, in addition to being an attorney, I have also been a landlord for over 26 years...