The Personal Guarantee Letter is a crucial document in Dutch business and financial transactions, commonly used when additional security is required for loans, leases, or other financial obligations. It serves as a personal commitment from an individual (often a company director, shareholder, or related party) to guarantee the obligations of another party (typically a company or individual). Under Dutch law, these guarantees must comply with the provisions of the Dutch Civil Code (Burgerlijk Wetboek), particularly Book 7, Title 14. The document should clearly state the extent of the guarantee, conditions for enforcement, and any limitations on liability. It's particularly important in situations where lenders or creditors require additional security beyond corporate assets, making it a common requirement in business financing, property leasing, and commercial contracts.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Letter Header: Date, addressee details, and guarantor's details
2. Subject Line: Clear identification as a Personal Guarantee Letter and reference to the underlying obligation
3. Introduction: Identification of the guarantor and their relationship to the principal debtor
4. Reference to Principal Obligation: Clear description of the underlying debt or obligation being guaranteed
5. Guarantee Declaration: Express statement of the guarantee, its scope, and maximum amount
6. Terms of Liability: Specific conditions under which the guarantee can be called upon
7. Duration: Period of validity of the guarantee
8. Governing Law Statement: Confirmation that Dutch law governs the guarantee
9. Signature Block: Space for guarantor's signature, date, and witness signature if required
1. Spousal Consent: Required when the guarantor is married and the guarantee might affect matrimonial property
2. Multiple Guarantors: Additional section needed when more than one person is providing the guarantee
3. Guarantee Limitations: Specific limitations or caps on the guarantee amount or circumstances
4. Early Termination Rights: Conditions under which the guarantor may terminate the guarantee early
5. Financial Statements Declaration: Statement regarding the guarantor's financial position, required for high-value guarantees
6. Independent Legal Advice: Confirmation that the guarantor has received independent legal advice, recommended for significant guarantees
1. Copy of Principal Agreement: Copy of the underlying agreement or obligation being guaranteed
2. Guarantor's Statement of Assets: If required, a statement of the guarantor's financial position
3. Identification Documents: Copies of guarantor's identification documents
4. Marriage Certificate: If spousal consent is required, copy of marriage certificate
5. Legal Advice Certificate: If applicable, certificate from lawyer confirming independent legal advice was given
Relevant legal definitions
Guarantee
Guaranteed Obligations
Guaranteed Amount
Principal Debtor
Guarantor
Beneficiary
Enforcement Event
Principal Agreement
Guarantee Period
Business Day
Default
Demand Notice
Guaranteed Liabilities
Maximum Liability
Payment Date
Security
Termination Date
Underlying Obligation
Working Day
Written Notice
Guaranteed Obligations
Guaranteed Amount
Principal Debtor
Guarantor
Beneficiary
Enforcement Event
Principal Agreement
Guarantee Period
Business Day
Default
Demand Notice
Guaranteed Liabilities
Maximum Liability
Payment Date
Security
Termination Date
Underlying Obligation
Working Day
Written Notice
Clauses
Guarantee Obligation
Scope of Guarantee
Payment Terms
Default and Enforcement
Representations and Warranties
Duration
Termination
Notices
Assignment
Governing Law
Jurisdiction
Amendment
Severability
Waiver
Independent Obligations
Costs and Expenses
Indemnification
Release Conditions
Demand Requirements
Spouse Consent
Scope of Guarantee
Payment Terms
Default and Enforcement
Representations and Warranties
Duration
Termination
Notices
Assignment
Governing Law
Jurisdiction
Amendment
Severability
Waiver
Independent Obligations
Costs and Expenses
Indemnification
Release Conditions
Demand Requirements
Spouse Consent
Relevant Industries
Banking and Financial Services
Real Estate
Commercial Lending
Small and Medium Enterprises
Retail
Construction
Manufacturing
Professional Services
Technology
Hospitality
Relevant Teams
Legal
Finance
Risk Management
Credit Control
Commercial
Compliance
Treasury
Corporate Governance
Business Development
Account Management
Relevant Roles
Chief Financial Officer
Finance Director
Credit Manager
Risk Manager
Legal Counsel
Commercial Director
Business Development Manager
Account Manager
Compliance Officer
Contract Manager
Corporate Lawyer
Banking Relationship Manager
Treasury Manager
Financial Controller
Company Secretary
Find the exact document you need
Contract For House (Construction)
A Dutch law-governed agreement for residential property construction, outlining contractor and owner obligations, construction specifications, and regulatory compliance requirements.
find out more
Website Agreement Contract
A Dutch law-governed agreement establishing terms and conditions for website usage, ensuring compliance with Dutch and EU regulations.
find out more
Distance Contract
A Dutch law-compliant contract for remote selling transactions, incorporating essential consumer protection provisions and distance selling regulations.
find out more
Client Confidentiality Policy
Dutch law-compliant policy document establishing guidelines and procedures for maintaining client confidentiality, aligned with GDPR and local privacy requirements.
find out more
Labor Agreement
A Dutch-law governed employment contract establishing the terms and conditions of employment between employer and employee.
find out more
Design Agreement
A Dutch law-governed agreement establishing terms and conditions for professional design services, including scope, deliverables, IP rights, and payment terms.
find out more
Client Agreement Form
A Dutch law-governed agreement establishing terms and conditions between service providers and their clients, ensuring legal compliance and mutual protection.
find out more
IT Service Level Agreement
A Dutch law-governed agreement defining IT service delivery parameters, performance standards, and operational requirements between service provider and client.
find out more
Bartender Contract
A Dutch law-compliant employment contract for bartenders, covering essential terms and hospitality industry requirements.
find out more
Reservation Contract
A Dutch law-governed agreement establishing terms and conditions for reserving an item, property, service, or right for future purchase or use.
find out more
Public Service Agreement
A Dutch law-governed agreement for public service delivery between government entities and service providers, complying with Dutch and EU procurement regulations.
find out more
Operation And Maintenance Contract
Dutch law-governed Operation and Maintenance Contract template for establishing maintenance service arrangements and operational responsibilities.
find out more
Framework Contract In Procurement
A Dutch law-governed framework agreement establishing terms and conditions for recurring procurement of goods or services between a contracting authority and supplier(s).
find out more
Facility Letter
A Dutch law-governed document issued by a financial institution setting out the terms and conditions of a credit facility, serving as a binding agreement once accepted.
find out more
Exclusive Buyer Brokerage Agreement
A Dutch law-governed agreement establishing exclusive representation rights between a real estate broker and property buyer, defining services and obligations.
find out more
Enterprise Subscription Agreement
Dutch law-governed agreement for enterprise-level subscription services, covering service delivery, performance standards, and compliance requirements.
find out more
Development Services Agreement
Dutch law-governed agreement establishing terms for development services delivery, including project scope, IP rights, and GDPR compliance.
find out more
Customer Protection Agreement
A Dutch law-governed agreement outlining consumer protection measures and rights in business-to-consumer relationships, ensuring compliance with Dutch and EU regulations.
find out more
Clearing Agreement
Dutch law-governed agreement establishing clearing service terms between a central counterparty and clearing member, incorporating Dutch and EU regulatory requirements.
find out more
Admission Agreement
A Dutch law-governed agreement between an educational institution and prospective student establishing admission and enrollment terms.
find out more
Administrative Contract
A Dutch law administrative agreement between public authorities and other parties, governed by the General Administrative Law Act (Awb) and related administrative regulations.
find out more
Transfer Contract
A Dutch law-governed agreement that formalizes the transfer of assets, rights, or property between parties, ensuring legal compliance and clear transfer terms.
find out more
Shared Services Agreement
Dutch law-governed agreement establishing shared services arrangement between entities, defining service scope, levels, pricing, and governance.
find out more
Installation Agreement
Dutch law-governed agreement setting terms and conditions for equipment or system installation projects, including technical specifications, responsibilities, and warranties.
find out more
Payment Settlement Agreement
A Dutch law-governed agreement establishing terms and conditions for settling financial obligations between parties, including payment schedule and mutual obligations.
find out more
Dispatcher Agreement
A Dutch law-governed agreement establishing terms and conditions for dispatch services, including operational procedures and regulatory compliance requirements.
find out more
Staffing Agreement
Dutch law-governed agreement for temporary staffing services between staffing agencies and client companies, ensuring compliance with Dutch employment legislation.
find out more
Personal Services Contract
A Dutch law-governed Personal Services Contract for engaging independent contractors, ensuring compliance with Dutch employment and tax regulations.
find out more
Staff Contract
A Dutch law-governed employment agreement establishing terms and conditions between employer and employee in the Netherlands.
find out more
Volunteer Agreement
A Dutch law-governed agreement establishing the relationship between an organization and a volunteer, outlining mutual rights and responsibilities.
find out more
Data Processing Agreement
A Dutch law-governed agreement establishing terms for personal data processing under GDPR, defining controller-processor obligations and compliance requirements.
find out more
Graphic Design Contract
A Dutch law-governed agreement establishing terms between graphic designers and clients, covering project scope, deliverables, and intellectual property rights.
find out more
Guarantee Contract
A Dutch law-governed contract where a guarantor agrees to fulfill another party's obligations to a creditor, subject to the Dutch Civil Code requirements.
find out more
Company Contract Agreement
A Dutch law-governed agreement establishing formal business relationships between companies, setting out terms and conditions for commercial cooperation.
find out more
Web Design Contract
A Dutch law-governed agreement between a web designer and client establishing terms for website design services and deliverables.
find out more
House Rental Lease
Dutch residential lease agreement establishing terms and conditions for property rental under Netherlands law.
find out more
House Rental Form
Dutch residential rental agreement template compliant with Netherlands housing law, establishing terms between landlord and tenant.
find out more
Equipment Rental Form
A Dutch law-governed agreement establishing terms and conditions for equipment rental between lessor and lessee, including rental terms, maintenance responsibilities, and liability provisions.
find out more
Design Services Agreement
A Dutch law-governed agreement setting out terms for professional design services, including scope, deliverables, IP rights, and payment terms.
find out more
Transport Agreement
Dutch law-governed agreement setting out terms and conditions for transport services, ensuring compliance with national and EU transport regulations.
find out more
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)