What does Joint and several liability mean in rental agreement?

Answer:
Joint and several liability means that all the tenants are responsible for all the rent. So, if John and Betty both sign the lease, and the rent is $1,000, it's not like John owes $500 each month, and Betty owes $500 - they both owe the whole thing. The landlord can't collect $2,000 total, once he gets the $1,000, that's it for that month. But, if John pays $500, and Betty leaves town (permanently), and doesn't pay, the landlord could sue John for the remaining $500, since he now can't find Betty. John doesn't get to argue that he paid his half, and is off the hook. He is jointly and severally liable.
First answer by Xebecer. Last edit by Xebecer. Contributor trust: 26 [recommend contributor recommended]. Question popularity: 1 [recommend question].