Rental Guarantor Form Template for Belgium

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Key Requirements PROMPT example:

Rental Guarantor Form

"I need a Rental Guarantor Form under Belgian law (Brussels region) for a student housing property with two guarantors, where both parents will jointly guarantee their child's rental obligations starting from September 2025."

Document background

The Rental Guarantor Form is a crucial document in Belgian property law, used when a landlord requires additional security beyond the standard rental deposit. This typically occurs when letting property to students, young professionals, or tenants with limited credit history. The document must comply with Belgian federal civil law and regional housing regulations (Brussels, Flanders, or Wallonia), particularly regarding maximum guarantee amounts and enforcement procedures. It outlines the guarantor's obligations, typically including rent payments, charges, and potential damages, up to a specified limit. The form is structured to protect all parties' interests while ensuring compliance with consumer protection laws when private individuals act as guarantors. It's essential for property management companies, landlords, and real estate agencies to use a properly drafted Rental Guarantor Form to ensure enforceability and clear understanding of obligations.

Suggested Sections

1. Parties: Identification of all parties: Landlord, Tenant, and Guarantor, including full legal names, addresses, and any registration numbers for legal entities

2. Background: Context of the guarantee, referring to the main lease agreement and explaining why the guarantee is required

3. Definitions: Key terms used in the document, including 'Guaranteed Obligations', 'Lease Agreement', 'Rental Property', and 'Guarantee Period'

4. Scope of Guarantee: Detailed description of what obligations are covered by the guarantee, including rent, charges, damages, and other financial obligations

5. Duration of Guarantee: Specification of when the guarantee begins and ends, including any conditions for extension or termination

6. Guarantor's Obligations: Specific commitments and responsibilities of the guarantor, including payment obligations and response times

7. Limit of Liability: Clear statement of the maximum amount the guarantor may be liable for

8. Enforcement Process: Procedure for the landlord to make a claim against the guarantee

9. Declarations and Warranties: Guarantor's confirmation of financial capacity and understanding of obligations

10. Signatures: Execution section with date and signature blocks for all parties

Optional Sections

1. Bank Guarantee Option: Optional section for cases where a bank guarantee is provided instead of or alongside a personal guarantee

2. Multiple Guarantors: Additional provisions for cases involving more than one guarantor, defining joint and several liability

3. Early Termination Rights: Specific conditions under which the guarantor may be released from obligations before the end of the lease

4. Property Management: Additional provisions when a property management company is involved in managing the lease

5. Language Declaration: Required for contracts in bilingual regions of Belgium, specifying the governing language of the agreement

Suggested Schedules

1. Schedule 1 - Main Lease Agreement: Copy or key terms of the underlying lease agreement being guaranteed

2. Schedule 2 - Guarantor's Financial Statement: Declaration of the guarantor's financial position and capacity to meet obligations

3. Schedule 3 - Property Details: Specific details of the rental property including address and any relevant property-specific terms

4. Appendix A - Required Documents: List of documents provided by the guarantor (e.g., proof of income, identity documents)

5. Appendix B - Contact Protocol: Procedures and contact details for communications between parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Commercial Property

Financial Services

Legal Services

Student Housing

Corporate Housing

Relevant Teams

Legal

Property Management

Real Estate

Compliance

Risk Management

Operations

Tenant Relations

Contract Administration

Student Services

Corporate Services

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Leasing Manager

Housing Officer

Tenant Relations Manager

Risk Manager

Compliance Officer

Contract Administrator

Student Housing Coordinator

Corporate Housing Manager

Facilities Manager

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Authors

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