Document background
The Rental Guarantor Form is essential in situations where additional security is required for a tenancy agreement, particularly common in student lettings or when tenants have limited credit history. This document, governed by English and Welsh law, establishes the guarantor's legal obligations to cover rent payments and other tenancy responsibilities if the tenant defaults. The form typically includes detailed information about all parties involved, the extent of the guarantee, the duration of the commitment, and the circumstances under which the guarantee can be enforced. It serves as a crucial risk management tool for landlords while enabling tenants who might otherwise struggle to secure a rental property.
