Personal Guarantee (Guaranty) for a Lease Agreement

A personal guarantee form, or “co-signing agreement”, is a document that makes the signer personally liable for the performance of a lease agreement, whether or not they are the tenant. A personal guarantee is common when singing on behalf of a residential tenant that doesn’t have the financial capability to be approved for a lease and for commercial leases. After signing, the personal guarantee should be attached to the lease with copies given to all parties.

The signer is known as the “guarantor.”

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