Tenancy Agreement Guarantee and Indemnity for Company Let
This Tenancy Agreement Guarantee and Indemnity for Company Let provides for the Guarantor (for example, a director of the Tenant company) to pay the rent and observe the terms of the Tenancy Agreement if the Tenant fails to do so.
It also includes an indemnity which is a separate obligation to the guarantee, which provides greater protection for the Landlord. An indemnity obliges the Guarantor to compensate the Landlord for loss or damage and is not dependent on the tenant’s obligations being enforceable.
The Landlord may ask for a Guarantor if the Tenant does not have a satisfactory financial record.
The form of Tenancy Agreement to be signed by the Tenant should be attached to this Guarantee to define the scope of the guarantee.
This Tenancy Agreement Guarantee and Indemnity for Company Let is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
Once you have purchased access to the appropriate document folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.