Docstoc Legal Agreements
This Residential Lease Guaranty and Guarantor Application is used where a guarantor
guarantees the performance of the tenant under a residential lease agreement. It provides
that if the tenant fails to make any payments or otherwise breaches the lease, the guarantor
will make such payments to the landlord or cure the tenant's breach. This document
contains both standard clauses as well as opportunities for customization to ensure that the
understandings of the parties are properly set forth. A guarantor application is also
included for the landlord to obtain detailed information about potential guarantors. This
document should be used by a landlord and tenant located in Nebraska when entering into
a lease with a guaranty provision.
DISCLAIMERS: ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR
OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. They are for general guidance and should be modified by you o r your
attorney to meet your specific needs and the laws of your state. Use at your own risk. Docstoc, its employees or contractors who wrote or modified any
form, are NOT providing legal or any other kind of advice and are not creating or entering into an Attorney -Client relationship. The information and forms
are not a substitute for the advice of your own attorney. Use of this document and our service are deemed to be your acknowledgement and agreement to
the following: The disclaimers and links on this page and the bac k page(s); our Terms of Service (http://www.docstoc.com/popterm.aspx?page_id=15), and
read more here (http://www.docstoc.com/popterm.aspx?page_id=114) for additional disclaimers and more. You also agree that if you are not the person
using the document and services that you will provide such person(s) who will be with these front and back disclaimer pages. This document is not
approved, endorsed by, or affiliated with any State, or governmental or licensing entity.
Entire document copyright © Docstoc®, Inc., 2010 - 2013. All Rights Reserved
RESIDENTIAL LEASE GUARANTY
1. LEASE DESCRIPTION: In consideration for Landlord’s leasing the Property to Tenant,
the undersigned Guarantors guarantee the performance of all Tenants under the lease
(hereinafter the “Lease”) as described below:
Landlord(s): _________________________. [Instruction: Insert the name/s of landlord/s]
Tenant(s): __________________________. [Instruction: Insert the name/s of tenant/s]
[Instruction: Insert proper address and description of the property]
Commencement Date: ____ [Month] ____ [Date], 20____.
Expiration Date: ____ [Month] ____ [Date], 20____.
Monthly Rent: _______ ($___) [Instruction: Insert the monthly rent, e.g., fifty dollars
2. PAYMENTS: If any Tenant fails to make any payment under the Lease, Guarantors will,
upon demand, make such payment to Landlord or Landlord's agent. Payments under the
Lease include, but are not limited to rent, late charges, returned check charges, attorney's
fees, repair costs, pet charges, utility charges, reimbursements to Landlord, maintenance
charges, charges for property damage, and other costs or charges specified in the Lease. If
Tenant otherwise breaches the Lease, Guarantors will, upon demand:
a. cure the breach as the Lease may require of Tenant; or
b. compensate the Landlord for Landlord's loss resulting from the breach.
3. DURATION AND NOTICES: This guaranty applies when the Lease commences and
continues until the Lease ends, including any extension or renewal of the Lease. Guarantors
waive any rights to receive notice of any acceptance, modification, amendment, extension,
renewal, or breach of the Lease.
4. JOINT AND SEVERAL LIABILITIES: Guarantors are jointly and severally liable for all
provisions of this guaranty.
5. ATTORNEY’S FEES: Any person who is a prevailing party in any legal proceeding
brought under or related to this Lease is entitled to recover reasonable attorney's fees from
the non-prevailing party.
6. SEVERABILITY: If any term of this Residential Lease Guaranty is held by a court of
competent jurisdiction to be invalid or unenforceable, then this Residential Lease Guaranty,
© Copyright 2011 Docstoc Inc. registered document proprietary, copy not 2
including all of the remaining terms, will remain in full force and effect as if such invalid or