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Lease Personal Guarantee Form
"I need a Lease Personal Guarantee Form for my retail property in Manchester, where the guarantor is the parent company of the tenant business, and the guarantee needs to cover both rent and service charge obligations for a 5-year lease starting March 2025."
1. Parties: Details of the Guarantor, Landlord, and Tenant
2. Background: Context of the guarantee, referring to the main lease agreement
3. Definitions: Key terms used throughout the guarantee agreement
4. Guarantee and Indemnity: Core obligations of the guarantor including scope of guarantee and indemnification provisions
5. Duration: Period of guarantee validity and conditions for termination
6. Guarantor's Obligations: Specific responsibilities and commitments of the guarantor including payment obligations and performance guarantees
7. Execution: Signature blocks and witness requirements for formal execution
1. Joint and Several Liability: Provisions detailing shared responsibility when multiple guarantors are involved
2. Limitation of Liability: Specific caps or restrictions on guarantor's liability and exclusions
3. Step-in Rights: Provisions allowing guarantor to take over lease in case of tenant default
1. Schedule 1 - Main Lease: Copy or summary of the main lease agreement being guaranteed
2. Schedule 2 - Guaranteed Obligations: Detailed list of specific obligations being guaranteed under the agreement
3. Appendix A - Asset Statement: Statement of guarantor's assets and financial position for assessment of guarantee capacity
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Find the exact document you need
Lease Guarantor Form
A legally binding document under English and Welsh law where a third party guarantees a tenant's lease obligations.
Guarantor Indemnity Agreement
An English law agreement where a guarantor provides both a guarantee and indemnity for another party's obligations.
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