THIS AGREEMENT IS MADE BETWEEN THE GUARANTOR AND THE
LANDLORD.
Guarantor Name:
Guarantor Address:
Landlord Name:
Landlord Address:
The Tenant:
The Property:
1. Whereas the Landlord and Tenant entered into a lease agreement, a
copy of which is attached hereto, for the Property which will
commence on the ________day of ___________________20____. In
consideration of this, the Guarantor hereby unconditionally guarantees
the performance of the Tenant under the conditions of the lease
agreement.
2. Guarantor undertakes to pay to the Landlord upon written demand
and within seven (7) days of receipt thereof all monies due and not
paid by the Tenant despite demand of such payment from the Tenant.
Payments include but are not limited to rent, utility charges, repair
and maintenance costs, damages, legal costs and other costs as are s
pecified in the lease agreement.
3. Guarantor undertakes to compensate the Landlord for any loss or
damages resulting from the Tenant’s breach of the lease.
4. Guarantor agrees that this guaranty shall be valid for the full term
of the lease and any extension thereof as agreed to by Tenant and
Landlord, unless released in writing by Landlord.
5. Guarantor waives his right to be informed by Landlord of any
extension to the lease or changes to the provisions therein, made and
agreed to by Tenant and Landlord during the entire duration of the
lease and any changes to the terms of the lease shall not require the
authorization of the Guarantor.
6. Upon the death of the Guarantor this agreement will become
binding on the Guarantor’s estate.
7. Unless inconsistent with the context, words signifying any one
gender shall include the others, words signifying the singular shall
include the plural and vice versa, words signifying natural persons
shall include artificial persons and vice versa and reference to the
Landlord shall include his/her Agents.
Guarantor Signature: _________________________________
Date:______________________
Landlord Signature: _________________________________
Date:______________________
Witness Signature: __________________________________
Witness Signature: ____
