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Guarantor Tenancy Agreement
"I need a Guarantor Tenancy Agreement for a student tenant renting my apartment in North Point, Hong Kong, starting March 2025, where the tenant's parents in mainland China will act as guarantors."
1. Parties: Identifies and provides full details of the landlord, tenant, and guarantor
2. Background: Sets out the context of the agreement, including property ownership and intention to let
3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules
4. Demise: Specifies the property being let and the term of the tenancy
5. Rent and Payment Terms: Details the rent amount, payment schedule, and method of payment
6. Tenant's Covenants: Lists all obligations and promises made by the tenant
7. Landlord's Covenants: Lists all obligations and promises made by the landlord
8. Guarantee Provisions: Sets out the guarantor's obligations, extent of liability, and duration of guarantee
9. Security Deposit: Details regarding the deposit amount, holding, and conditions for return
10. Insurance: Specifies insurance requirements for both landlord and tenant
11. Termination Provisions: Conditions and procedures for early termination or breach
12. Notices: Specifies how formal notices should be given between parties
13. Governing Law: Confirms Hong Kong law governs the agreement
14. Execution: Signature blocks and execution requirements for all parties
1. Special Conditions: For any unique terms specific to this tenancy, such as specific use restrictions or allowances
2. Utilities and Services: If there are specific arrangements for utility payments or included services
3. Management Rules: If the property is part of a managed building with specific rules
4. Break Clause: Optional early termination rights for either party
5. Renovation and Alterations: If specific works are permitted or planned
6. Multiple Guarantors: Additional provisions when there is more than one guarantor
7. Option to Renew: If the tenant is being given an option to extend the lease
1. Schedule 1 - Property Description: Detailed description of the property including fixtures and fittings
2. Schedule 2 - Inventory List: Detailed inventory of furniture and items included in the tenancy
3. Schedule 3 - House Rules: Building or property specific rules and regulations
4. Schedule 4 - Specified Defects: List of any existing defects or damage noted at commencement
5. Appendix A - Floor Plan: Floor plan of the property
6. Appendix B - Photographs: Photographic evidence of property condition at commencement
7. Appendix C - Guarantor's Financial Information: Required financial information or proof of guarantor's means
Authors
Real Estate
Property Management
Legal Services
Housing
Residential Property
Commercial Property
Property Investment
Student Housing
Corporate Housing
Banking and Finance
Legal
Real Estate
Property Management
Facilities
Compliance
Risk Management
Housing Administration
Contracts Administration
Leasing
Operations
Property Manager
Real Estate Agent
Leasing Manager
Legal Counsel
Property Lawyer
Tenancy Administrator
Housing Officer
Estate Manager
Facilities Manager
Contract Administrator
Risk Manager
Compliance Officer
Property Director
Student Housing Manager
Corporate Housing Manager
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