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GUARANTEE TO LEASE

This guarantee is entered into on the_____day of ________________, 20__, by __________________________________(“Guarantor”).

RECITALS

Whereas, Michael Eckholt , as Landlord entered into a Lease Agreement with ____________________ as tenant(s), dated the____ day of ______________, 20__, for the premises located at ____________________________.

Whereas, Guarantor desires to guarantee to Landlord the payment of the monthly rental specified in the Lease Agreement and other obligations between Landlord and Tenant provided in this Guarantee.

Whereas, the Lease Agreement was conditioned on Guarantor’s giving security obligations under the Lease Agreement in the form of a personal guarantee.

Now, therefore, in consideration of the forgoing, the receipt and sufficiency of which are hereby acknowledged, the parties agree to the following:

  • Guarantor shall guarantee the payment to the Landlord of the rental specified in Lease paragraph no. 2 and all other obligations specified in the Lease Agreement.
  • The sum shall be paid to the Landlord by Guarantor within seven (7) days after receipt by Guarantor of written notice from Landlord specifying any deficiency for an obligation of Tenant(s).
  • In witness whereof, the Guarantor has executed this Guarantee on the____ day of _______________, 20__.
  • WITNESS/NOTARY                       GUARANTOR

    Name _______________________   Name________________________________

    Address _____________________  Signature_____________________________

    City _________________________   Address______________________________

    State ______ Zip _____________

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