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District of Columbia
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US Legal Forms
Localized forms in Spanish
California
Long Beach
Forma de garantía de los padres

Long Beach California Forma de garantía de los padres - Form of Parent Guaranty

Category:

Asociaciones - Acuerdos complementarios

State:

Multi-State

City:

Long Beach

Control #:

US-P0710AM

Format:

Word

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Description

Asociaciones, empresas conjuntas y alianzas estratégicas, por Stephen I. Glover y Craig M. Wasserman Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.

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Interesting Questions

Can a Parent Guaranty be revoked?

Yes, a Parent Guaranty can potentially be revoked, but it usually requires a written agreement and consent from the landlord.

How long does the Parent Guaranty last?

The Parent Guaranty usually lasts for the duration of the lease, but be sure to check the specific terms in the agreement.

Do I need to be a local resident to be a guarantor?

Not necessarily! You can be a guarantor from another state, as long as you’re willing to take responsibility for the lease.

What happens if we don't provide a guaranty?

If you don’t provide a Parent Guaranty, landlords might reconsider your child's application and may require a larger deposit or deny the lease altogether.

Who typically needs a Parent Guaranty?

Parents often need to sign a guaranty when their child is renting a place and may not have enough credit or income to qualify on their own.

What is a Parent Guaranty in Long Beach, California?

A Parent Guaranty in Long Beach is a legal promise made by a parent to take responsibility for their child’s financial obligations, usually in a lease or rental agreement.