Guaranty
(Personal Guaranty, Retail Lease)


Summary

This template is a Personal Guaranty whereby a third-party entity to guarantees tenant's obligations under a lease. This template includes practical guidance and drafting notes. This template provides an unconditional guarantee where the landlord may seek enforcement of the lease obligations directly against the guarantor prior to pursuing any remedies against the tenant. This template may be tailored to suit each transaction. For related templates, see Retail Lease Agreement (Long Form) and Guaranty (Guaranty by Corporation, Retail Lease). For a full listing of key content covering real estate transactions for in-house attorneys, see Retail Leasing Resource Kit. For a full listing of key content covering commercial real estate, see First Year Associate Resource Kit: Real Estate. For a full listing of key content covering retail leasing, see Retail Leasing Resource Kit. For a full listing of key content covering commercial leasing, see Junior Associate Real Estate Resource Kit ...