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Tenancy Agreement With Guarantor

Tenancy Agreement With Guarantor Template for New Zealand

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Key Requirements PROMPT example:

Tenancy Agreement With Guarantor

"I need a New Zealand Tenancy Agreement With Guarantor for a student apartment in Wellington, starting March 1, 2025, with three tenants and one parent guarantor, including specific provisions for shared utility costs and maintenance of common areas."

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Document background
The Tenancy Agreement With Guarantor is designed for situations where additional security is required beyond a standard residential tenancy agreement in New Zealand. This document is commonly used for student rentals, first-time tenants, or situations where the tenant's financial or rental history necessitates additional assurance for the landlord. The agreement combines standard residential tenancy provisions compliant with the Residential Tenancies Act 1986 with specific guarantor clauses, where the guarantor agrees to meet the tenant's obligations if the tenant defaults. It includes all necessary elements required by New Zealand law, including healthy homes standards compliance, bond arrangements, and specific maintenance requirements, while also incorporating comprehensive guarantor provisions that outline the scope and duration of the guarantor's obligations.
Suggested Sections

1. Parties: Identifies all parties to the agreement: landlord, tenant(s), and guarantor(s)

2. Background: Sets out the context of the agreement, including the property details and the requirement for a guarantor

3. Definitions: Defines key terms used throughout the agreement

4. Term of Tenancy: Specifies whether the tenancy is fixed-term or periodic, start date, and if fixed-term, the end date

5. Rent and Bond: Details of rent amount, payment frequency, method of payment, and bond requirements

6. Property Use and Occupancy: Rules regarding property use, maximum occupants, and maintenance responsibilities

7. Landlord Obligations: Landlord's responsibilities including property maintenance, healthy homes standards compliance, and insurance

8. Tenant Obligations: Tenant's responsibilities including property care, payments, and behavior requirements

9. Guarantor Obligations: Details of guarantor's responsibilities, extent of guarantee, and duration of liability

10. Property Maintenance: Specific requirements for property maintenance, repairs, and alterations

11. Inspections: Rights and procedures for property inspections

12. Insurance: Requirements for insurance, including landlord's and tenant's responsibilities

13. Termination: Conditions and procedures for ending the tenancy

14. Dispute Resolution: Procedures for handling disputes between parties

15. General Provisions: Standard contract clauses including notices, entire agreement, and governing law

Optional Sections

1. Pets: Include when pets are allowed, specifying conditions and additional requirements

2. Additional Occupants: Include when there are approved occupants who are not parties to the agreement

3. Special Features: Include when the property has special features requiring specific care or usage rules

4. Body Corporate Rules: Include for properties subject to body corporate regulations

5. Furnished Property: Include when the property is provided furnished, with specific terms for furniture care

6. Garden/Grounds Maintenance: Include when there are specific requirements for maintaining outdoor areas

7. Multiple Guarantors: Include when there is more than one guarantor, specifying joint and several liability

8. Short-term Letting: Include if any provisions for short-term letting or subletting are allowed

Suggested Schedules

1. Schedule 1: Property Details: Detailed description of the property, including address, chattels, and parking

2. Schedule 2: Rent and Payment Details: Comprehensive breakdown of rent, payment methods, and account details

3. Schedule 3: Condition Report: Detailed report of property condition at start of tenancy, including photographs

4. Schedule 4: Guarantor Details: Full information about guarantor(s), including contact details and verification documents

5. Schedule 5: Insulation Statement: Required statement about property insulation as per healthy homes standards

6. Schedule 6: Body Corporate Rules: If applicable, copy of body corporate rules

7. Appendix A: Property Maintenance Guide: Guidelines for property maintenance and tenant responsibilities

8. Appendix B: Key Collection Form: Record of keys and access devices provided

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



































Clauses






























Relevant Industries

Real Estate

Property Management

Residential Housing

Legal Services

Property Investment

Housing Services

Student Accommodation

Property Development

Relevant Teams

Legal

Property Management

Residential Leasing

Operations

Compliance

Administration

Asset Management

Student Housing

Tenant Services

Document Control

Relevant Roles

Property Manager

Real Estate Agent

Leasing Consultant

Tenancy Compliance Officer

Legal Counsel

Housing Officer

Residential Letting Agent

Asset Manager

Portfolio Manager

Student Accommodation Manager

Tenancy Administrator

Property Operations Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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