Deed of guarantee
Use one of the templates to create a deed of guarantee where a guarantor is required for an assured shorthold tenancy (AST). A copy of the unsigned tenancy agreement should be attached. If the guarantor does not receive a copy of the tenancy agreement that they are guaranteeing, the guarantee may not be enforceable. It may be prudent to ask the guarantor to initial each page of the tenancy agreement.
The deed of guarantee for full liability allows the landlord to pursue each person forming the guarantee for all the costs and liabilities outstanding.
The deed of guarantee for limited liability allows the landlord to pursue each person forming the guarantor for a percentage of the costs and liabilities outstanding.
These document templates are maintained by Paul Walshe of Awdry Bailey & Douglas.
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