Document background
The Rent Guarantor Form is a crucial document in Saudi Arabian real estate transactions, providing security for landlords while facilitating rental agreements for tenants who may need additional financial backing. This document is commonly used when a tenant's financial credentials alone don't meet the landlord's requirements, or in corporate housing scenarios. The form must comply with both Saudi civil law and Sharia principles, particularly regarding Kafalah (guarantorship). It typically includes the guarantor's personal or corporate details, the scope of guaranteed obligations, enforcement mechanisms, and specific provisions required by Saudi authorities. The document becomes especially important in major cities like Riyadh, Jeddah, and Dammam, where rental markets are highly active and landlords often require additional security.
