Sublet Application Form Page 18
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19•.. _....:._ · ·-···-..:...:_!_._·· ..._....•:._.
GUARANTY OF PAYMENT WHICH
IS PART OF THE SUBLEASE
Date of guaranty:
Guarantor(s):
Address:
Telephone
Nwnber(s):
Address of
Property:
(for which
guarantor is
responsible)
Reason for
1. I know that the Overtenant would not rent the premises to the Undertenant
Guaranty:
unless I guarantee Undertenant's performance. I have also requested the
Overtenant to enter into the Sublease with the Undertenant. I have a substantial
interest in making sure that the Overtenant rents the premises to the Undertenant.
Guaranty:
2. The following is my Guaranty:
I guarantee the full performance of the Sublease by the Undertenant. This
guaranty is absolute and without any condition.
It
includes, but is not limited to,
the payment of rent and other money charges.
In addition, I agree to these other terms:
Changes in
3. This guaranty will not be affected by any change in the Sublease, whatsoever.
Sublease have no
This includes, but is not limited to, any extension of time or renewals. The
effect:
Guaranty will be binding even if I am not a party to these changes.
Waiver of notice:
4. I do not have to be informed about any failure of performance by Undertenant. I
waive notice of nonpayment or nonperformance.
Performance:
5. If the Undertenant fails to perform under the Sublease, the Overtenant may
require me to perform without first demanding that the Undertenant perform.
Waiver of
6. I give up my
right
to trial by
jury
in any claim related to the Sublease or this
jury
trial:
Guaranty.
Changes:
7. This guaranty of payment and performance can be changed only by written
agreement signed by all parties to the Sublease and Guaranty.
Signatures:
GUARANTOR SIGNATURE(S):
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Parent category: Business