Guarantor Agreement: For Residential Lettings
Guarantor Agreement: For Residential Lettings
Guarantor Agreement: For Residential Lettings
This guarantor agreement creates a binding legal contract. If you do not fully understand the nature of
the agreement, then it is recommended that you take independent legal advice before signing.
GUARANTOR
AGREEMENT
for residential lettings
General Notes
• This agreement is for use with the letting of residential property and their associated tenancies.
As such, this is a legal document and should not be used without adequate knowledge of the law
of landlord and tenant.
• It is essential that a copy of the proposed tenancy agreement is attached to the Guarantor
Agreement and that the Guarantor is given adequate opportunity to read both documents before
signing.
• If the guarantor is not able to be present, in person, to sign the guarantee it is recommended that
the guarantee is signed at least seven days before the tenancy is due to start.
Page 1 of 3
THIS AGREEMENT is made BETWEEN the Guarantor and the Landlord.
Guarantor: ……………………………………..
…………………………………………………..
…………………………………………………..
Landlord(s): ……………………………………
…………………………………………………..
…………………………………………………..
Tenant(s): ………………………………………
……………………………………………………………………………………………………………..
Tenancy Period:
1. The Landlord agrees to let the Property to the Tenant(s). In consideration of this, the Guarantor agrees to act
for the Tenant(s) should he/they fail, for any reason, to meet the financial commitments arising from the
Tenancy Agreement entered into in respect of the Property.
2. This Guarantor Agreement refers to the current tenancy being undertaken and any extension or renewal of
that tenancy. All references to the Landlord herein shall be deemed to include the Landlord's Agent or any
person authorised to act on the Landlord's behalf.
3. The Guarantor undertakes to pay to the Landlord from the date of this Agreement from time to time the Rent
within 10 days of receipt of a written demand from the Landlord or his Agent addressed to the Guarantor if
the Tenant following demand has not paid the amount being demanded when it was due under the Tenancy
Agreement.
Page 2 of 3
4. The Guarantor shall pay and make good to the Landlord on demand all reasonable losses and expenses of the
Landlord incurred as a result of default by the Tenant in the performance or observance of the Tenant's
covenants under the Tenancy Agreement. Any failure of the Landlord in demanding or collecting the Rent
when it falls due, and any time to pay which may be given to the Tenant by the Landlord shall not release the
Guarantor or in any way affect the liability of the Guarantor under this agreement. Should the Guarantor die
during the currency of this agreement, the Guarantor's estate will be liable as surety and co-principal debtor.
5. If the tenancy is for a fixed term, then this guarantee applies for the whole of the term and is not revocable
during that term.
6. If the tenancy is periodic or has become periodic by agreement or the operation of law, then this guarantee
may be terminated by written notice by the Guarantor subject to the Tenant vacating at the earliest legally
permissible date required for possession. If the Tenant fails to vacate on this earliest date then the guarantee
shall continue until the Tenant vacates.
7. It is agreed that there shall be no right to cancel this agreement once the tenancy has begun and the Consumer
Protection (Distance Selling) Regulations 2000 shall not apply in this case.
SIGNED by GUARANTOR:
DATE:
SIGNED by WITNESS:
Name:
Address:
Witness Signature:
DATE:
Page 3 of 3