Personal Guarantee Lease Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Personal Guarantee Lease Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Personal Guarantee Lease Agreement

"I need a Personal Guarantee Lease Agreement for a commercial property in Manchester, where the company director will personally guarantee a 5-year lease starting March 2025 for their startup tech company, with quarterly rent payments of £15,000."

Document background
A Personal Guarantee Lease Agreement is commonly used in commercial and residential leasing situations where additional security is required beyond the tenant's covenant. This document is particularly relevant when dealing with new businesses, companies with limited trading history, or situations where the landlord requires extra assurance. Under English and Welsh law, the agreement must be in writing and clearly define the guarantor's obligations, including payment of rent, compliance with lease terms, and liability for damages. It serves as a crucial risk management tool for property owners while facilitating lease arrangements that might otherwise be rejected.
Suggested Sections

1. Parties: Identifies guarantor, landlord, and tenant with full legal names and addresses

2. Background: Explains context of guarantee and references main lease agreement

3. Definitions: Defines key terms used throughout the agreement

4. Guarantee and Indemnity: Core obligations of guarantor and scope of guarantee

5. Duration of Guarantee: Period of effectiveness and termination conditions

6. Guarantor's Obligations: Detailed list of specific obligations and responsibilities

7. Enforcement: Landlord's rights to enforce guarantee

Optional Sections

1. Assignment and Transfer: Include if guarantee might be transferred or if lease might be assigned

2. Multiple Guarantors: Include if more than one guarantor is involved

3. Limitation of Liability: Include if specific caps on liability are agreed

4. Step-in Rights: Include if guarantor has right to take over lease

Suggested Schedules

1. Main Lease: Copy or summary of the main lease being guaranteed

2. Guaranteed Obligations: Detailed list of specific obligations being guaranteed

3. Property Details: Description of property subject to the lease

4. Financial Information: Details of rent, service charges, and other financial obligations

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

Industries

Law of Property Act 1925: Primary legislation governing creation and transfer of interests in property, including requirements for legal formalities in property transactions

Landlord and Tenant Act 1985: Sets out fundamental obligations and rights between landlords and tenants, including implied terms that must be incorporated into tenancy agreements

Landlord and Tenant Act 1987: Provides additional tenant protections and regulates service charge requirements in leasehold properties

Statute of Frauds 1677: Historical legislation that requires guarantees to be made in writing and signed to be legally enforceable

Consumer Rights Act 2015: Modern legislation governing consumer contracts, including requirements for fairness in consumer-facing guarantee agreements

Unfair Contract Terms Act 1977: Regulates the use of exclusion clauses and requires contractual terms to meet reasonableness standards

Misrepresentation Act 1967: Governs statements made during contract formation and provides remedies for misrepresentation

Financial Services and Markets Act 2000: Regulatory framework for financial services, relevant if the guarantee involves regulated financial activities

Consumer Credit Act 1974: Regulates consumer credit arrangements, applicable if the guarantee relates to credit provisions

Contract Law Principles: Common law fundamentals including offer, acceptance, consideration, capacity, and intention to create legal relations

Guarantee Law Principles: Common law principles specific to guarantees, covering primary/secondary obligations, subrogation rights, and discharge of guarantees

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

Find the exact document you need

Personal Guarantee Rental Agreement

find out more

Personal Guarantee Lease Agreement

find out more

Personal Guarantee Form

find out more

Lease Personal Guarantee Form

find out more

Lease Guarantee Agreement

find out more

Guaranty Form

find out more

Guarantor Joint Tenancy Agreement

find out more

Commercial Lease Guarantor Form

find out more

Co Guarantor Agreement

find out more

Lease Guarantor Form

A legally binding document under English and Welsh law where a third party guarantees a tenant's lease obligations.

find out more

Guarantor Indemnity Agreement

An English law agreement where a guarantor provides both a guarantee and indemnity for another party's obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.