Lease Guarantee (Guarantor Agreement) Generator

A guarantor promises to pay the tenant's rent and lease obligations if the tenant does not.

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General-purpose template. Not reviewed for your state's specific requirements.

How it works

Three steps from blank form to a document you can sign.

  1. Fill the guided form

    Answer plain-language questions about the property, the people and the terms.

  2. Preview for free

    Review your document before paying anything.

  3. Download Word and PDF

    Membership unlocks editable Word and PDF files.

What a Lease Guarantee (Guarantor Agreement) is

A lease guarantee, also called a guarantor agreement, is a promise by a third party - often a parent or relative - to pay the tenant's rent and other lease obligations if the tenant does not. Landlords ask for one when a tenant has limited rental history, income or credit.

The agreement LeaseCraft builds identifies the guarantor, the landlord, the tenant, the property and the lease term, and states the monthly rent. It sets out what the guarantee covers, whether it is capped, how many days the guarantor has to pay after the landlord's written demand, and the guaranteed period: this lease term only, or renewals, extensions and holdover too. A guarantee for this term only does not cover a renewal unless the guarantor agrees in a signed writing.

The guarantor signs, and the landlord signs to accept the guarantee. Because the guarantor takes on personal liability, they should read the lease they are guaranteeing before they sign.

When to use it

  • A student or first-time renter needs a parent or relative to back the lease.
  • An applicant's income or credit falls short of your screening criteria.
  • You want the guarantor's obligations, period and any cap in one signed document.
  • You want it clear whether renewals and extensions are covered.

What to have ready

You will need answers to these 13 required questions, spread over 3 steps. The questionnaire also has optional questions, and some answers lead to follow-ups. Your answers are kept in this browser for 24 hours, so you can come back and finish (how saving works).

  1. Guarantor
    • Who is guaranteeing the lease?
    • Guarantor address?
  2. Landlord, tenant and lease
    • Landlord name (who the guarantee is given to)?
    • Tenant name?
    • Rental address?
    • Lease start date?
  3. Guarantee terms
    • Monthly rent guaranteed?
    • Guarantee scope?
    • Does the guarantee also cover renewals, extensions and holdover?
    • When must the guarantor pay after the landlord demands payment in writing?
    • Guarantor acknowledges personal liability if tenant defaults?
    • Effective date?
    • Which state is this document for?

What your Lease Guarantee (Guarantor Agreement) includes

  • Guarantor, landlord, tenant, property and lease term
  • What the guarantee covers and whether it is capped
  • Payment after the landlord's written demand
  • Guaranteed period, renewals and extensions
  • Lease changes and notices to the guarantor
  • Governing law, guarantor signature and landlord acceptance

Why build it from your answers?

A blank form leaves you to work out what belongs on each line. The wizard asks for the facts your Lease Guarantee (Guarantor Agreement) needs, builds the document from your answers, and lets you check the preview before you unlock the editable Word and PDF files. The preview is free, and the files come with a LeaseCraft membership ($2.99/month or $19.99/year).

Frequently asked questions

Quick answers about this document type.

  • To pay the tenant's rent and other lease obligations if the tenant does not, for the period and up to any cap stated in the guarantee. The guarantor takes on personal liability.

  • Only if you choose that. The wizard asks whether the guarantee covers this lease term only or renewals, extensions and holdover too. A term-only guarantee does not cover a renewal unless the guarantor agrees in a signed writing.

  • Yes. The wizard asks whether the guarantee is capped. If it is not, it covers all of the tenant's lease obligations during the guaranteed period, subject to applicable law.

  • Yes. Every document you unlock downloads as a PDF and an editable Word (DOCX) file.

  • Yes. You can correct key details on the preview page up to 3 times in the first 24 hours after unlocking, and you can edit the Word (DOCX) file yourself at any time.

  • No — LeaseCraft provides professional DIY documents. Consult an attorney for complex situations.

Ready to create your Lease Guarantee (Guarantor Agreement)?

Start free. Downloads are included with a LeaseCraft membership ($2.99/month or $19.99/year).

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