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Guaranty by Individual Complex Form

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Instructions and help about Guaranty By Individual Complex

hi everyone once again it's Eric nisani and the real estate question for today is should I sign a full personal guarantee for my office space and my answer to that is no okay that's the end of the video take care and have a great day no I'm just kidding um the thing is that a full personal guarantee is very different from something called a good guy clause which I described in an earlier video now a good guy Clause is a limited form of a personal guarantee and that is something that virtually every tenant in Manhattan signs at this moment so that's okay if you need more information about a good guy Clause Please go to the link below uh that I'll attach and that will describe that but this clip is dedicated to speaking about a full personal guarantee so let me talk to you a little bit more about why it should be avoided at all costs here's an example of what a full personal guarantee is let's say that you sign a 5-year lease and yo

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