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The Tenancy Agreement With Guarantor is essential in situations where additional security is required beyond a standard lease agreement in India. This document is commonly used for high-value commercial leases, residential properties in premium locations, or when dealing with tenants who may have limited credit history or are new to the market (such as students or startup businesses). It incorporates all standard lease provisions while adding comprehensive guarantor clauses that comply with the Indian Contract Act 1872. The agreement needs to be executed on appropriate stamp paper and registered when exceeding 11 months, as per the Registration Act 1908. It provides detailed terms covering rent, deposits, maintenance, utilities, guarantor's obligations, and termination conditions, while ensuring compliance with state-specific rental laws and regulations.

1. Parties: Identifies and provides full details of the Landlord, Tenant, and Guarantor including names, addresses, and contact information

2. Background: Brief context explaining the intent to create a tenancy and the Guarantor's willingness to guarantee the Tenant's obligations

3. Definitions: Defines key terms used throughout the agreement including Property, Term, Rent, Security Deposit, etc.

4. Demise: The formal grant of tenancy, specifying the property being let and the term of the tenancy

5. Rent and Deposits: Details of rent amount, payment schedule, security deposit, advance rent, and payment methods

6. Tenant Covenants: Tenant's obligations including maintenance, permitted use, restrictions, utilities, etc.

7. Landlord Covenants: Landlord's obligations including quiet enjoyment, maintenance of structure, insurance, etc.

8. Guarantor Obligations: Scope of guarantee, payment obligations, duration of guarantee, and circumstances triggering guarantor's liability

9. Term and Termination: Duration of tenancy, notice periods, renewal terms, and termination circumstances

10. Property Maintenance and Repairs: Responsibilities for maintaining the property, process for repairs, and cost allocation

11. Default and Remedies: Consequences of breach, enforcement against tenant and guarantor, and available remedies

12. General Provisions: Standard clauses including notices, entire agreement, governing law, etc.