Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Bank Guarantee For Rent
"Need a Bank Guarantee For Rent covering a 24-month commercial lease starting March 1, 2025, for our new retail space at Marina Bay Financial Centre, with a guarantee amount of SGD 150,000 and step-down provisions after the first year."
1. Bank Details: Full details of the issuing bank including registration number and address
2. Guarantee Amount: Specific amount of the guarantee in numbers and words
3. Beneficiary Details: Full details of the landlord/beneficiary
4. Principal Details: Full details of the tenant/principal
5. Property Details: Complete description of the rental property
6. Guarantee Period: Duration of the guarantee including start and end dates
7. Demand Requirements: Conditions and process for making a claim under the guarantee
8. Governing Law: Specification of Singapore law as governing law
1. Automatic Extension Clause: Optional provision allowing for automatic extension of the guarantee period when the lease has extension options
2. Step-Down Provisions: Optional provision for reduction of guarantee amount over time, typically used for long-term leases with reducing risk profile
3. Assignment Clause: Optional provision for transfer of guarantee rights, used when property might be sold during guarantee period
1. Copy of Lease Agreement: Reference copy of the underlying lease agreement
2. Form of Demand: Template for making claims under the guarantee
3. Bank's Standard Terms: Standard terms and conditions of the issuing bank
Authors
Demand and Claims
Duration and Expiry
Bank's Rights and Obligations
Beneficiary's Rights
Principal's Obligations
Assignment and Transfer
Reduction of Liability
Notices
Amendments
Governing Law and Jurisdiction
Non-Waiver
Severability
Counterparts
Force Majeure
Representations and Warranties
Default Events
Enforcement
Termination
Extension Provisions
Independent Obligation
Stamp Duty
Costs and Expenses
Find the exact document you need
Download our whitepaper on the future of AI in Legal
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.
Read our Privacy Policy.