State Of California Guaranty Of Lease Form printable pdf download

GUARANTY OF LEASE

This Guaranty is given as of this ______ day of ________________________, 20____, for the premises located at:

Property Name: _______________________________________________________________________________

Property Address: __________________________________________________Unit: _______________________

City/State/Zip: _________________________________________________________________________________

by and between ________________________________________________________________ (Owner/Agent) and

________________________________________________________________________________(Resident).

And for valuable consideration, receipt of which is hereby acknowledged, the undersigned ____________________________, herein

referred to as Guarantor, does hereby guarantee unconditionally to Owner/Agent, and /or including Owner’s/Agent’s successor and

assigns, the prompt payment by Resident of the rent or any other sums which become due pursuant to the Rental Agreement, a copy of

which is attached hereto, including any and all court costs or attorney’s fees incurred in enforcing the Rental Agreement.

In the event of the breach of any terms of the Rental Agreement by Resident, Guarantor shall be liable for any damages, financial

or physical, caused by Resident, including any and all legal fees incurred in enforcing the Rental Agreement.

This Guarantee may be immediately enforced by Owner/Agent upon any default by Resident and an action against Guarantor may

be brought at any time without first seeking recourse against Resident.

The insolvency of Resident or nonpayment of any sums due from Resident may be deemed a default giving rise to action by

Owner/Agent against Guarantor.

If any legal actions or other proceedings are brought by any party to enforce any part of this Guarantee, the prevailing party shall

be entitled to reasonable attorneys’ fees and costs incurred.

This Guarantee does not confer a right to possession of the premises by Guarantor, and Owner/Agent is not required to serve

Guarantor with any notices to terminate or to perform covenants, including any demand for payment of rent, prior to

Owner/Agent proceeding against Guarantor for Guarantor’s obligations under this Guarantee.

Unless released in writing by Owner/Agent, Guarantor shall remain obligated by the terms of this Guarantee for the entire period

of the tenancy as provided by the Rental Agreement and for any extensions granted pursuant thereto.

In the event the terms of said Rental Agreement are modified by Resident and Owner/Agent, with or without the knowledge or

consent of Guarantor, Guarantor waives any and all rights to be released from the provisions of this Guarantee and Guarantor

shall remain obligated by said additional modification sand terms of the Rental Agreement.

Guarantor herby consents in advance to any changes, modifications, additions, or deletions of the Rental Agreement made and

agreed to by Owner/Agent and Resident during the entire period of the tenancy.

_______________________________________

_________________________________________

Guarantor’s Signature

Date

Guarantor’s Name (please print) ______________________________________________________________________

Guarantor’s Address_______________________________________ City_________________ State____ Zip________

Home Phone: _______________________________________ Mobile/Work: __________________________________

State Of California Guaranty Of Lease Form