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1. Parties: Identifies all parties: the Guarantor, Landlord/Lessor, and Tenant, including full legal names and addresses
2. Background: Explains the context: that the Tenant wishes to rent the property and the Landlord requires a guarantee
3. Definitions: Defines key terms used in the document including 'Guaranteed Obligations', 'Property', 'Rental Agreement', 'Term'
4. Guarantee: The core guarantee provision where the Guarantor agrees to guarantee the Tenant's obligations
5. Scope of Guarantee: Details exactly what obligations are being guaranteed (rent, damages, other charges)
6. Duration: Specifies how long the guarantee will remain in effect
7. Guarantor's Obligations: Lists specific responsibilities and obligations of the Guarantor
8. Payment Terms: Explains when and how the Guarantor must make payments if the guarantee is called upon
9. Landlord's Rights: Outlines the Landlord's rights in enforcing the guarantee
10. Declarations: Guarantor's declarations about their financial status and ability to meet obligations
11. Signatures: Space for all parties to sign, including witnesses if required
1. Joint and Several Liability: Required when there are multiple guarantors
2. Limited Guarantee Amount: Used when the guarantee is capped at a specific amount
3. Guarantor Financial Information: Optional section for detailed financial disclosure from the Guarantor
4. Early Termination Rights: Includes conditions under which the guarantee can be terminated early
5. Dispute Resolution: Alternative dispute resolution procedures if parties wish to avoid court
6. Notice Requirements: Detailed procedures for serving notices if more specific than standard terms
7. Change of Circumstances: Procedures for handling changes in tenant or landlord circumstances
1. Schedule 1 - Property Details: Detailed description of the rental property including address and any specific inclusions/exclusions
2. Schedule 2 - Rental Agreement Reference: Details of the main rental agreement being guaranteed, including key terms
3. Schedule 3 - Guaranteed Amounts: Breakdown of the specific amounts being guaranteed (rent, deposits, other charges)
4. Appendix A - Guarantor's Statement of Assets: Optional detailed statement of Guarantor's financial position
5. Appendix B - Identity Verification Documents: List of required identity documents provided by the Guarantor
Guaranteed Obligations
Guarantor
Landlord
Tenant
Property
Rental Agreement
Term
Guarantee Period
Rent
Security Deposit
Default
Guaranteed Amount
Payment Date
Rental Period
Premises
Notice
Business Day
Commencement Date
Expiry Date
Lease Term
Outstanding Balance
Permitted Use
Related Charges
Service Charges
Guarantor's Liability
Force Majeure
Applicable Law
Enforcement Date
Material Breach
Payment Terms
Recovery Costs
Working Hours
Guarantor Obligations
Scope of Guarantee
Duration
Payment Terms
Default and Enforcement
Indemnification
Representations and Warranties
Notice Requirements
Assignment and Transfer
Termination
Severability
Governing Law
Jurisdiction
Entire Agreement
Amendment
Force Majeure
Dispute Resolution
Costs and Expenses
Execution
Witness and Attestation
Waiver
Joint and Several Liability
Financial Disclosure
Compliance with Laws
Recovery Rights
Real Estate
Property Management
Residential Housing
Commercial Property
Student Housing
Legal Services
Property Development
Housing Finance
Property Investment
Legal
Property Management
Leasing
Operations
Risk Management
Compliance
Real Estate
Contract Administration
Housing Services
Client Relations
Property Manager
Real Estate Agent
Leasing Manager
Legal Counsel
Property Administrator
Tenancy Coordinator
Housing Officer
Real Estate Portfolio Manager
Compliance Officer
Risk Manager
Contract Administrator
Property Consultant
Housing Services Manager
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