The Personal Guarantee Form is a crucial document in Malta's financial and commercial landscape, commonly used when additional security is required for loans, credit facilities, or other financial obligations. It serves as a legally binding commitment where a guarantor agrees to fulfill the financial obligations of a principal debtor if they default. The document must comply with Malta's Civil Code (Chapter 16) requirements, particularly Articles 1925-1963 governing suretyship. It typically includes specific details about the guaranteed obligations, the extent of liability, enforcement provisions, and the guarantor's acknowledgments and warranties. The form is especially relevant in commercial lending, property transactions, and business financing, where creditors seek additional security for their exposure. Personal guarantees are particularly common in small to medium-sized business arrangements where corporate principals personally guarantee their company's obligations.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the Guarantor, Creditor, and Principal Debtor
2. Background: Context of the guarantee, including reference to the principal debt or obligation being guaranteed
3. Definitions: Key terms used throughout the guarantee, including 'Guaranteed Obligations', 'Principal Debt', 'Security', etc.
4. Guarantee and Indemnity: Core guarantee provisions, including the scope and nature of the guarantee obligations
5. Extent of Liability: Clear statement of the maximum amount guaranteed and any limitations
6. Duration: Term of the guarantee and conditions for termination
7. Nature of Guarantee: Specification that this is a continuing security and binding as a principal obligation
8. Guarantor's Representations and Warranties: Confirmations regarding capacity, understanding, and authority to enter into the guarantee
9. Payment Provisions: Terms regarding manner and timing of payments under the guarantee
10. Enforcement: Circumstances and process for enforcing the guarantee
11. Notices: Communication requirements and contact details
12. Governing Law and Jurisdiction: Confirmation of Maltese law governance and jurisdiction
1. Joint and Several Liability: Required when there are multiple guarantors
2. Independent Legal Advice: Confirmation section when the guarantor has received independent legal advice - recommended for high-value guarantees
3. Security: Details of any additional security provided to support the guarantee
4. Currency Provisions: Required when the guarantee involves foreign currency obligations
5. Corporate Authority: Required when the guarantor is a corporate entity
6. Subordination: Required when the guarantee needs to be ranked in relation to other securities or obligations
7. Financial Covenants: Required when specific financial conditions need to be maintained by the guarantor
1. Principal Agreement: Copy or details of the main agreement or debt being guaranteed
2. Guaranteed Obligations: Detailed description of the obligations covered by the guarantee
3. Payment Schedule: If applicable, schedule of payments or financial obligations
4. Form of Demand: Template for making a formal demand under the guarantee
5. Legal Capacity Evidence: Documents evidencing the guarantor's legal capacity and authority
Find the exact document you need
Guarantor Agreement
A Maltese law-governed agreement where a guarantor commits to secure the obligations of a principal debtor to a creditor.
Download
Personal Guarantee Form
A Maltese law-governed document where a guarantor commits to securing another party's financial obligations, structured in accordance with Malta's Civil Code requirements.
Download
Corporate Guarantee Agreement
A Maltese law-governed agreement where a corporate entity guarantees the obligations or debts of another party, structured under Malta's Civil Code and Companies Act.
Download
Personal Guaranty Agreement
A Maltese law-governed agreement where a guarantor assumes responsibility for another party's financial obligations to a creditor.
Download
Rent Guarantee Agreement
A Maltese law agreement where a third party guarantees a tenant's obligations under a lease agreement, providing security to the landlord.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)