![]() Here you can find both simple and well designed Rental Agreement sample which you can use for collecting necessary information and turn the online rental agreement form to a contract document. This template is also easy to modify using the PDF editor in your JotForm account. You can copy this template to your JotForm account for free. This protects the landlord and his business from possible losses in case the tenant evades his or her obligation or runs in default. Having this template secures the tenant with his or her guarantor that such rent shall be paid. Some lease agreements require a guarantor to ensure that they will receive payment in case the tenant fails to fulfill the obligation of paying rent. This Personal Guarantee Lease PDF Template allows you to cut your document drafting from hours to minutes. As this agreement is a personal promise of the guarantor, the guarantor will be compelled to render such obligation to the landlord. Having a personal guarantee lease makes it override the conditions in the lease agreement as to the conditions of failure, delay, or default in payment of the tenant. The role of the guarantor here is to ensure that the rent payments will not lapse or in case of default of the tenant on his or her rent payments, the guarantor becomes obliged and the responsible party in making fulfilling the obligation of the tenant. A Personal Guarantee Lease is a separate contract from that of the lease agreement between the landlord and the tenant but wherein a guarantor becomes involved in the said lease agreement. ![]()
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