Guaranty Forms

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What is a legal guaranty?

A legal guaranty is a contract that shows you are backing the obligation of a borrower or lender, the actual contract will show that the borrower agrees to provide a collateral type value. The guarantor is to ensure that the promise is fulfilled.

When do I use a guaranty agreement?

You can use a guaranty agreement if you want to help someone "guarantee" that a loan is repaid, or that payments will be made under a lease.

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