COSIGNER OF RENTAL AGREEMENT
Owner/Agent to complete
The undersigned (herein referred to as GUARANTOR) in consideration of the execution of the lease rental agreement hereinafter
referred to, hereby unconditionally guarantees and promises jointly and severally to pay or perform on demand any and all debts,
obligations, and liabilities of
(Hereinafter known as RESIDENT),
under or arising out of the lease agreement entered into by and between (Owner/Agent)
and RESIDENT for the property known as (rental address)
Upon the failure of RESIDENT to perform any and all conditions of the lease rental agreement which include, but are not limited to,
payment of rent and payment of damage and/or cleaning fees in excess of the security deposit, GUARANTOR will perform the same.
This is a continuing guarantee, which applies to any renewal, extension, modification, or amendment of aforesaid lease rental
agreement, without notice to GUARANTOR. GUARANTOR specifically acknowledges that Resident's occupancy of the premises is
conditioned on GUARANTOR'S continuing obligation.
Guarantor acknowledges monthly rent of unit is $
GUARANTOR hereby waives each and all of the following:
Notice of acceptance of this guarantee
Notice of any renewal, extension, modification, or amendments of the aforesaid lease rental agreement
Notice of RESIDENT'(s) default under the aforesaid lease rental agreement
The right, if any, to benefit of or to direct the application of any security held by (Owner/Agent)
The right to require (Owner/Agent)
to proceed against the aforesaid RESIDENT or
any other party Liable, or to pursue any other remedy in its power, and agrees that (Owner/Agent)
may proceed against GUARANTOR directly and independently of any other
party liable, and that 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 GUARANTOR;
Any defense of the aforesaid RESIDENT or of any other party liable.
This guarantee and the rights and obligations of the parties hereby shall be governed by and construed in accordance with California
law. GUARANTOR hereby consents to jurisdiction by, and waives any objection to the exercise of jurisdiction by, the appropriate
court in the County of
, State of California. 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
I have read the above terms and conditions and hereby agree to be bound by them.
Signature of Guarantor
Social Security #
Date of Birth
Driver's License #
Guarantor hereby authorizes verification of the above information including the obtaining of a credit report and agrees to furnish
additional credit references on request. Owner/Agent is authorized to obtain a credit report.
INSTRUCTIONS : We must have verification of your signature. This can be accomplished by either having this form Notarized or
by sending a copy of your government issued ID or Driver's License with a valid picture and valid signature. ANY ALTERATIONS
TO THIS FORM WILL DEEM IT INVALID.