Tenancy Agreement With Guarantor Template for United Arab Emirates

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Key Requirements PROMPT example:

Tenancy Agreement With Guarantor

"I need a Tenancy Agreement with Guarantor for a luxury 3-bedroom apartment in Dubai Marina, where the tenant's parent company will act as guarantor, with the lease starting March 1, 2025, and including specific provisions for maintenance of high-end appliances."

Document background
The Tenancy Agreement With Guarantor is a specialized rental contract designed for use in the United Arab Emirates where additional security is required beyond a standard security deposit. This document is particularly relevant when letting high-value properties, dealing with tenants who may have limited credit history in the UAE, or in commercial letting scenarios. The agreement must comply with UAE Federal Law No. 5 of 1985 (Civil Code), Law No. 33 of 2008 (Dubai Rental Law), and RERA regulations. It includes comprehensive provisions covering the property details, rental terms, maintenance obligations, and specifically outlines the guarantor's obligations and liability extent. The document is structured to protect all parties' interests while ensuring enforceability under UAE law.
Suggested Sections

1. Parties: Identification of the Landlord, Tenant, and Guarantor with full legal names and details as required by UAE law

2. Background: Brief context explaining the intention to create a tenancy and the guarantor's role in securing the tenant's obligations

3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, Security Deposit, and other relevant definitions

4. Property Details: Comprehensive description of the leased property including address, size, and permitted use

5. Term and Renewal: Duration of the lease, commencement date, expiry date, and renewal terms

6. Rent and Payment Terms: Rent amount, payment frequency, method of payment, and late payment consequences

7. Security Deposit: Amount, payment terms, conditions for retention and return

8. Guarantor Obligations: Scope of guarantor's liability, duration of guarantee, and enforcement provisions

9. Tenant Obligations: Responsibilities regarding maintenance, repairs, use of property, and compliance with laws

10. Landlord Obligations: Responsibilities for major maintenance, services, and property access

11. Utilities and Services: Responsibility for connection, payment, and maintenance of utilities

12. Insurance: Required insurance coverage for property, contents, and liability

13. Termination: Grounds for termination, notice requirements, and consequences

14. Governing Law and Jurisdiction: Application of UAE law and jurisdiction of local courts/rental committees

15. Execution: Signature blocks for all parties and witness requirements

Optional Sections

1. Fit-out Works: Include when tenant is permitted to make modifications or improvements to the property

2. Sub-letting: Include when sub-letting is permitted, specifying conditions and approval requirements

3. Break Clause: Include when early termination options are available to either party

4. Property Management: Include when a property management company is involved

5. Pet Clause: Include when pets are permitted in the property

6. Pool/Gym Access: Include for properties with shared facilities

7. Furniture Inventory: Include for furnished properties

8. Multiple Occupancy: Include when multiple unrelated tenants will occupy the property

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of property including floor plans and photographs

2. Schedule 2 - Inventory List: Detailed list of furnishings and their condition (for furnished properties)

3. Schedule 3 - Service Charges: Breakdown of service charges and payment responsibilities

4. Schedule 4 - Building Rules: Rules and regulations of the building or community

5. Schedule 5 - Maintenance Responsibilities: Detailed breakdown of maintenance responsibilities between parties

6. Schedule 6 - Handover Form: Property condition report at the start of tenancy

7. Appendix A - RERA Permissions: Copies of relevant RERA approvals and registrations

8. Appendix B - Title Deed: Copy of property title deed or relevant ownership documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Property Development

Legal Services

Property Investment

Facilities Management

Relevant Teams

Legal

Real Estate

Property Management

Facilities Management

Compliance

Operations

Administrative Support

Tenant Relations

Asset Management

Contract Management

Relevant Roles

Property Manager

Real Estate Agent

Legal Counsel

Leasing Manager

Facilities Manager

Real Estate Director

Compliance Officer

Tenant Relations Manager

Property Administrator

Housing Officer

Real Estate Partner

Corporate Housing Manager

Asset Manager

Property Portfolio Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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