Guarantor Agreement For Residential Lettings Template for Saudi Arabia

1. Islamic Finance Compliance: Additional provisions ensuring compliance with Sharia principles, required when parties specifically request Sharia-compliant documentation

2. Multiple Guarantors: Additional provisions for cases where more than one guarantor is involved, specifying joint and several liability

3. Corporate Guarantor: Special provisions required when the guarantor is a company rather than an individual

4. Guarantee Limitations: Specific limitations on the guarantee amount or scope, used when parties agree to cap the guarantee

5. Currency Provisions: Required when rent payments are in a currency other than Saudi Riyal

6. Electronic Execution: Provisions for electronic signature and Ejar system compliance, when parties agree to execute electronically

1. Schedule 1 - Property Details: Detailed description of the rental property covered by the guarantee

2. Schedule 2 - Tenancy Agreement: Copy or key terms of the underlying tenancy agreement

3. Schedule 3 - Guaranteed Obligations: Itemized list of all obligations covered by the guarantee

4. Appendix A - Guarantor Financial Information: Required financial information and documentation from the guarantor

5. Appendix B - Payment Schedule: Detailed schedule of rent payments and other financial obligations

6. Appendix C - Execution Requirements: Specific documentation requirements for proper execution under Saudi law