"Landlord may, without notice or demand and without affecting Guarantor's liability hereunder, from time to time, compromise, extend or otherwise modify any or all of the terms of the Lease, or fail to perfect, or fail to continue the perfection of, any security interests granted under the Lease, or to any notice of the above. Without limiting the generality of the foregoing, if Tenant elects to extend the lease term, or otherwise expand Tenant's obligations under the Lease, Tenant's execution of such lease documentation shall constitute Guarantor's consent thereto (and such increased obligations of Tenant under the Lease shall constitute a guaranteed obligation hereunder); Guarantor hereby waives any and all rights to consent thereto or to notice of the same."

This was in the paperwork for the guarantor section of a lease agreement for a house my daughter in college is trying to rent a room in. If I sign this, is this saying at any point the landlord can raise the rent, extend the lease, or change the payment amount and I am liable to pay whatever they feel like?

Ok thanks I just wanted to double check.