Parties
Full legal names and entity types for landlord, tenant, and guarantor, including business registrations for corporate guarantors and signature authority descriptions.
A properly drafted Lease Guarantee Act protects landlords by creating a secondary, enforceable source of recovery while providing guarantors and tenants clear terms about obligations, limits, and duration under state contract law.
Common participants include landlords, tenants, individual guarantors, corporate guarantors, and legal counsel; each party has specific responsibilities when completing a guaranty.
Parties should confirm who must sign, whether notarization or witnesses are required by the governing state, and whether additional documentation (financial statements, corporate resolutions) must accompany the guaranty.
Full legal names and entity types for landlord, tenant, and guarantor, including business registrations for corporate guarantors and signature authority descriptions.
Precise description of obligations covered (rent, fees, property damage, attorney fees) and whether obligations are primary, secondary, or joint and several.
Effective date and termination conditions, including fixed term, lease expiration, or surviving obligations after termination for accrued liabilities.
Monetary caps, duration caps, or conditional releases tied to tenant performance, subordination, or renewal provisions to manage guarantor exposure.
Remedies, waiver of notice or demand, acceleration clauses, and choice-of-law and forum provisions to streamline enforcement if default occurs.
Signature blocks, notarization or witness requirements, and any required corporate authorization (resolutions, officer signature) for entity guarantors.
| Field | Configuration |
|---|---|
| Order of Signing | Specify landlord first, tenant second, guarantor last |
| Authentication | Use email plus SMS code or ID verification for guarantors |
| Attachments | Require lease, ID, corporate resolution uploads |
| Audit Trail | Enable timestamps, IP logging, and download of certificate |
Choose a platform that supports legally admissible e-signatures, secure storage, and audit trails compatible with ESIGN and UETA.
Ensure the platform chosen preserves a tamper-evident record and supports any state-specific notarization workflows (including remote online notarization where available). Integrations such as Salesforce, NetSuite, Google Workspace, and Procore can automate storage and tracking without changing the guaranty's legal effect.
Guaranty signed prior to occupancy is standard
Require reaffirmation if guaranty terminates on lease expiry
Guarantor consent may be required before assignment
Specify notice period before guarantor obligation triggers
Define conditions for automatic or negotiated release
Terms agreed and draft finalized
Parties sign; notarize if required
Signed copies distributed to parties
Landlord initiates claim on guaranty after default
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by plan | Varies by plan | Varies by plan | Varies by plan |
| Bulk Send | Yes | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |