This template is a Limited Guaranty of Lease that documents the agreement of a third-party entity (usually an affiliate or parent company of tenant) to guarantee, on a limited basis, tenant's obligations under the lease. This template includes practical guidance and drafting notes. 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. This Limited Guaranty of Lease provides a limited guaranty where the landlord may seek enforcement of the lease obligations directly against the guarantor only if tenant fails to vacate and surrender the premises to landlord upon the expiration or termination of the lease. For related templates, see Retail Lease Agreement (Long Form) and Guaranty (Guaranty by Corporation, Retail Lease). For a full listing of key content covering retail leasing, see Retail Leasing ...