Guarantee Rental Agreement Template for Indonesia

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Key Requirements PROMPT example:

Guarantee Rental Agreement

"I need a Guarantee Rental Agreement for a luxury apartment in Jakarta, where the tenant is a foreign executive and their employer will act as guarantor, with the rental term starting March 1, 2025."

Document background
The Guarantee Rental Agreement is essential in situations where additional financial security is required for a rental arrangement in Indonesia. This document is particularly relevant when dealing with tenants who may have limited rental history, students, or in high-value property rentals where landlords seek extra protection. The agreement combines standard rental terms with guarantee provisions, ensuring compliance with Indonesian Civil Code (KUHPerdata) and property laws. It details the property specifications, rental terms, maintenance responsibilities, and crucially, the scope and extent of the guarantor's obligations. The document is designed to protect all parties' interests while providing clear mechanisms for enforcement of obligations and dispute resolution under Indonesian jurisdiction.
Suggested Sections

1. Parties: Identification of all parties: Landlord, Tenant, and Guarantor with complete legal names and addresses

2. Background: Context of the agreement including property details and purpose of the guarantee arrangement

3. Definitions: Key terms used throughout the agreement including 'Property', 'Rental Period', 'Security Deposit', 'Guarantee Amount'

4. Property Details: Comprehensive description of the rental property including address and specific included/excluded items

5. Term and Renewal: Duration of the rental agreement and conditions for renewal

6. Rental Payment Terms: Rent amount, payment schedule, method of payment, and late payment consequences

7. Guarantor's Obligations: Scope and extent of guarantor's responsibilities, including payment obligations and duration of guarantee

8. Security Deposit: Amount, terms of payment, conditions for return, and permitted deductions

9. Maintenance and Repairs: Responsibilities for property maintenance and repair obligations

10. Termination: Conditions and process for early termination by any party

11. Governing Law: Specification of Indonesian law as governing law and jurisdiction

12. Dispute Resolution: Process for resolving disputes between parties

13. Notices: Method and addresses for formal communications between parties

Optional Sections

1. Insurance Requirements: Required when specific insurance coverage is needed for the property or tenant's belongings

2. Subletting Provisions: Include when subletting might be permitted under certain conditions

3. Utilities and Services: Include when there's a need to specify responsibility for utility payments and services

4. Property Management: Include when a property management company is involved

5. Force Majeure: Include when parties want specific provisions for unforeseen circumstances

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

Suggested Schedules

1. Schedule 1 - Property Inventory: Detailed list of furniture, fixtures, and fittings included in the rental

2. Schedule 2 - Property Condition Report: Detailed assessment of property condition at commencement of rental

3. Schedule 3 - House Rules: Specific rules and regulations for property use and maintenance

4. Appendix A - Guarantor's Financial Statement: Financial information provided by guarantor to demonstrate capacity

5. Appendix B - Payment Schedule: Detailed breakdown of all payments including rent, deposits, and fees

6. Appendix C - Required Documentation: Copies of identification documents, permits, and certificates

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

Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Student Housing

Corporate Housing

Property Investment

Relevant Teams

Legal

Real Estate

Property Management

Facilities

Risk Management

Contract Administration

Tenant Relations

Operations

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Housing Officer

Leasing Manager

Property Administrator

Tenant Relations Manager

Risk Manager

Contract Administrator

Real Estate Director

Facilities 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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