Document background
The Guarantor Lease Agreement is commonly used in Singapore's property market when additional security is required for a lease arrangement. This typically occurs when a tenant has limited credit history, is a student, or is new to the jurisdiction. The agreement, governed by Singapore law, provides landlords with additional security while enabling tenants who might otherwise not qualify to enter into lease agreements. The document outlines the specific obligations being guaranteed, the extent of the guarantor's liability, and the circumstances under which the guarantee can be enforced or terminated. It must comply with Singapore's property laws, including specific provisions for HDB properties where applicable.
