Fillable Printable GUARANTOR FORM Addendum to Rental Agreement

GUARANTOR FORM Addendum to Rental Agreement

GUARANTOR FORM

Addendum to Rental Agreement

Agreement or Lease between ____________________________________________________________________

owner

and ________________________________________________________ dated __________________________

residentrs)

For the property located at ______________________________________________________________________ ,

The undersigned Guarantor, in consideration of Owner renting the premises to Renter(s), guarantees the following:

(1) the payment of all rent and/or other charges which may become due under the Rental Agreement or Lease,

and;

(2) the payment to the Owner of the costs to repair any and all damages to the premises for which the Renter(s)

are liable, including the repair of replacement of fixtures, furniture, and appliances.

This Rental Guarantee shall be for the duration of the original term of the Rental Agreement or Lease, and any

extensions or renewals thereof and for so long as any of the Renter(s) occupy the premises, and shall continue until

Owner has been paid all rent due under the Rental Agreement or Lease, or until the Owner has been paid for any and

all damages to the premises, its fixtures, furniture, and appliances for which the Renter(s) are liable.

Guarantor agrees to remedy any default of Renter(s) upon Three (3) Days written notice mailed by ordinary first class

mail to the Guarantor at either residence or business. Guarantor acknowledges and agrees that service of any notices

upon the Renter(s) shall constitute lawful and valid service of said notice(s) upon Guarantor.

Notwithstanding the fact that the Rental Agreement or Lease, and this continuing Guarantee do not confer any right of

possession of the premises upon the Guarantor, should legal action become necessary. Guarantor agrees to be

named as a party defendant in such action, including any unlawful detainer action, and to be jointly and severally

liable with the Renter(s). Owner has no obligation to exhaust legal remedies against Renter(s) before taking action

against Guarantor.

Guarantor acknowledges that a credit application has been submitted to Owner and agrees to update said information

as necessary or upon request of Owner. Guarantor shall keep Owner informed of Guarantor’s current residence and

business address.

The filing of any petition by or against Resident under any chapter of the Bankruptcy Act, the adjudication of Resident

as a bankrupt or insolvent, or nonpayment of any sums due from Resident may be deemed a default giving rise to

action by Owner against Guarantor.

If any legal action or other proceeding is brought by any party to enforce any part of this guarantee, the prevailing

party shall be entitled to reasonable attorney’s fees and costs incurred.

Guarantor’s Social Security #: __________________________ Driver License: ___________________________

Home Address: ________________________________________________________________________________

Home Phone: _______________________________________ Work Phone: _____________________________

Business Address: _____________________________________________________________________________

Guarantor’s Name: _____________________________________________________________________________

Guarantor’s Signature: ________________________________ Date: ___________________________________

UNAUTHORIZED USE PROHIBITED

For Members Only

Approved Form #12.4

1999