Residential Lease Gauranty &
This Residential Lease Guaranty & Guarantor Application is intended to be used where the
ocstoc Legal Agreements
Guarantor/s guarantees the performance of all terms and conditions under a Lease by the
tenants and the Guarantor/s liabilities resulting from the breach of Lease.
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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 e