Document background
The Guarantor Form As Attachment To Lease is a crucial document in Hong Kong's property leasing landscape, commonly used when landlords require additional security beyond the tenant's covenant. This document is particularly relevant for commercial leases, new business tenants, or situations where the tenant's financial standing alone may not satisfy the landlord's requirements. The form establishes a legally binding commitment from a third party (guarantor) to ensure the performance of all lease obligations, including rent payment, maintenance responsibilities, and other contractual duties. Under Hong Kong law, this guarantee must be in writing and typically includes specific provisions regarding the scope of guarantee, enforcement mechanisms, and the guarantor's obligations. The document is designed to complement the main lease agreement and provides landlords with an additional layer of security while facilitating lease arrangements that might otherwise not be possible.
