Document background
The Personal Guarantee Rental Agreement is commonly used in Singapore's property rental market when landlords require additional security beyond standard deposits. This document becomes particularly relevant for tenants with limited rental history, students, or in high-value property rentals. The agreement, compliant with Singapore's legal framework, typically includes detailed provisions about the guarantee's scope, duration, and enforcement mechanisms. It provides landlords with recourse to the guarantor's assets if the tenant defaults on rent payments or other obligations under the main tenancy agreement. The document must comply with Singapore's Civil Law Act requirements for guarantees and consider relevant property legislation.
