What Is A Guarantor For A Lease

State:
Pennsylvania
Control #:
PA-820LT
Format:
Word; 
Rich Text
Instant download

Description

This Guaranty or Guarantee of Payment of Rent contract is an agreement between a guarantor for the tenant and the tenant's landlord. The guarantor agrees to pay the rent if the tenant is not able to pay. The guaranty contract sets out the details of this agreement, the trigger for the guarantor's payment, etc.

A guaranty is a contract under which one person agrees to pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so. Usually, the party receiving the guaranty will first try to collect or obtain performance from the debtor before trying to collect from the one making the guaranty (guarantor).

How to fill out Pennsylvania Guaranty Or Guarantee Of Payment Of Rent?

Creating documents isn't the most simple task, especially for people who rarely deal with legal paperwork. That's why we recommend making use of accurate Pennsylvania Guaranty or Guarantee of Payment of Rent templates made by skilled lawyers. It gives you the ability to avoid difficulties when in court or handling formal organizations. Find the samples you require on our site for high-quality forms and correct explanations.

If you’re a user having a US Legal Forms subscription, just log in your account. When you’re in, the Download button will immediately appear on the template web page. Soon after downloading the sample, it’ll be saved in the My Forms menu.

Customers without an activated subscription can easily create an account. Make use of this brief step-by-step guide to get the Pennsylvania Guaranty or Guarantee of Payment of Rent:

  1. Make certain that file you found is eligible for use in the state it’s needed in.
  2. Confirm the document. Make use of the Preview option or read its description (if available).
  3. Buy Now if this form is the thing you need or return to the Search field to get a different one.
  4. Select a suitable subscription and create your account.
  5. Use your PayPal or credit card to pay for the service.
  6. Download your file in a required format.

After finishing these straightforward actions, it is possible to complete the form in a preferred editor. Check the completed info and consider requesting an attorney to review your Pennsylvania Guaranty or Guarantee of Payment of Rent for correctness. With US Legal Forms, everything gets much simpler. Give it a try now!

Trusted and secure by over 3 million people of the world’s leading companies

What Is A Guarantor For A Lease