Guarantee Of Commercial Lease Agreement Form

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Guarantee of Commercial Lease Agreement
The undersigned (Guarantor) in consideration of the execution of the lease rental agreement
hereby unconditionally guarantees and promises to pay or perform on demand any and all debts,
obligations, and liabilities of ______________________________ (Tenant) under or arising out
of the lease agreement entered by and between _______________________ (Landlord) for the
property known as _______________________________________________ (address).
This is a continuing guarantee which applies to any renewal, extension, modification, or
amendment of the lease rental agreement, without notice to Guarantor.
Guarantor hereby waives each and all of the following:
a. Notice of acceptance of this guarantee
b. Notice of any renewal, extension, modification, or amendment of the lease.
c. Notice of Tenants default under the lease.
d. The right, if any, to benefit of or to direct the application of the security deposit.
e. The right to require Campos Rental Properties to proceed against the Tenant or any
other party prior to proceeding again this Guarantor and agrees that Campos Rental
Properties may proceed against the Guarantor directly and independently of any other
party liable and the cessation of the liability of any other party for any reason other
than full payment, shall not in any way affect the liability of this Guarantor.
f.
Any defense of the Tenant or any other liable party.
This guarantee shall be valid only upon the acceptance by the Landlord located in ___________,
State of ________. This guarantee and the right and obligations of the parties shall be
construed in accordance with State law. Guarantor consents to jurisdiction in the
appropriate court in the County of _______________. In the event an action is brought to
enforce performance of this agreement, the prevailing party shall recover reasonable attorney’s
fees and court costs.
This section to be completed by Guarantor
Name: ______________________________________ Home Telephone: __________________
Address: ______________________________________________________________________
Employment: _________________________________ Work Telephone: __________________
Address: ______________________________________________________________________
Driver’s License # ________________________ Social Security # _______________________
Date of Birth: ___________________________ Email: _______________________________
Guarantor authorizes verification of the above information including a credit report and agrees to
furnish addition information on request.
Signature: ____________________________________ Date: __________________________
Please attach a copy of your current driver’s license
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