Deed Of Express Release Of Tenant's Guarantor (Optional Substitute Guarantee)
Publisher one
Genie AISource file
deed_of_express_release_of_tenant's_guarantor_(optional_substitute_guarantee)_template.docxJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🏘️ Guarantor release deedBusiness activity
Release tenant's guarantorIn the UK, when a tenant enters into a rental agreement, it is common for a guarantor to also sign the agreement, providing a guarantee for the tenant's obligations. The guarantor typically agrees to fulfill the tenant's obligations if the tenant fails to do so, such as paying rent or repairing damages.
This legal template is specifically designed for situations where the tenant's guarantor wishes to be released from their obligations and replaced by another guarantor or no guarantor at all. The deed sets out the procedure and conditions under which this release can be granted, providing a legal framework for all parties involved.
The document may include clauses outlining the valid reasons for the release, the obligations and responsibilities of the substitute guarantor, and the formalities required to complete the release. It may also contain provisions for the tenant's new obligations and responsibilities, such as providing a new security deposit or complying with specific terms set by the landlord.
Overall, this legal template serves as a formal agreement that protects the interests of both the original guarantor and the tenant, ensuring that the release of the guarantor is fair, agreed upon, and legally binding under UK law.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Voluntary Notice of RLE or PSC Status
In the UK, RLEs are typically large corporations or organizations that have certain legal obligations and responsibilities, such as maintaining accurate records and providing details about their beneficial owners. On the other hand, PSCs are individuals who exert significant influence or control over a UK company, either directly or indirectly, and must also be disclosed.
This legal template would outline the relevant legal requirements and provide a standardized format for an entity or individual to voluntarily notify the appropriate authorities, typically Companies House, of their RLE or PSC status. The template may include sections to input personal details, company information, and relevant declarations. It may also outline any supporting documents or evidence required to validate the disclosure.
By voluntarily submitting this notice, the individual or entity is demonstrating compliance with UK laws and regulations, promoting transparency, and ensuring that there is accurate information available to the authorities and interested parties. Overall, this template serves as a formal means for someone to proactively disclose their RLE or PSC status in accordance with UK legal obligations.
Publisher
Genie AIJurisdiction
England and WalesVeterinary Receptionist Contract
This Veterinary Receptionist contract template is designed for a commercial practice administration organisation (or an individual veterinary receptionist) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of practice administration and practice-administration-related services to be completed by the veterinary receptionist on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the practice administration firm or individual veterinary receptionist on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).