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Complete Home & Office Legal Guide
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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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1993-08-23
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41 lines
GUARANTEE OF LEASE
________________, referred to as LANDLORD, _____________________
referred to as TENANT, and ______________________ referred to as
GUARANTOR, agree:
In consideration of the lease of premises by LANDLORD to TENANT,
GUARANTOR shall guarantee the prompt payment and payment of all
liabilities arising out of that certain lease agreement dated
_____________________ between LANDLORD and TENANT, related to
premises known as:
_______________________________________________________________
By this agreement GUARANTOR agrees that upon failure to pay any
obligation related to the lease, that the GUARANTOR, upon demand,
shall immediately pay the same, in full. However, it is agreed
that the total limit of GUARANTOR's liability shall be
$_____________ ( _________________________________ & ____/100
dollars) exclusive of interest thereon and costs of collection.
This GUARANTEE will apply to any renewals or extensions of this
lease.
This is the entire agreement between the parties and the same may
only be changed in writing.
Dated: _______________________
________________________________________
________________________________________
________________________________________