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Tenancy Agreement With Guarantor Template for Ireland

A comprehensive legal agreement governed by Irish law that establishes a residential tenancy between a landlord and tenant, with additional security provided by a guarantor who assumes financial responsibility if the tenant defaults on their obligations. The agreement complies with the Residential Tenancies Act 2004 (as amended) and includes detailed terms covering rent, deposit, maintenance responsibilities, duration of tenancy, and specific guarantor obligations. It incorporates all necessary provisions required by Irish residential tenancy law, including statutory notices and prescribed information, while providing additional security through the guarantor covenant.

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What is a Tenancy Agreement With Guarantor?

The Tenancy Agreement With Guarantor is essential in the Irish residential rental market, particularly when letting to students, first-time renters, or tenants without extensive rental history. It combines standard residential tenancy provisions required under Irish law with additional guarantor provisions, offering landlords extra security while ensuring compliance with the Residential Tenancies Act 2004 and subsequent amendments. The agreement details all aspects of the tenancy including rent, deposit, maintenance obligations, and termination procedures, while also specifying the guarantor's obligations to cover any tenant defaults. This document is commonly used by universities, private landlords, and property management companies across Ireland, and must be registered with the Residential Tenancies Board (RTB). It includes all necessary statutory notices and prescribed information, making it suitable for both private and professional landlords.

What sections should be included in a Tenancy Agreement With Guarantor?

1. Parties: Identification of the Landlord, Tenant(s), and Guarantor with full legal names and addresses

2. Background: Context of the agreement including property details and intention to create a residential tenancy

3. Definitions: Definitions of key terms used throughout the agreement

4. Term and Possession: Duration of tenancy, start date, and possession terms

5. Rent and Payments: Rent amount, payment schedule, method of payment, and review provisions

6. Deposit: Amount, purpose, and conditions for return of the security deposit

7. Tenant Obligations: Comprehensive list of tenant responsibilities including maintenance, use of property, and conduct

8. Landlord Obligations: Landlord's statutory and contractual obligations including repairs and maintenance

9. Guarantor Covenants: Scope of guarantee, duration, and specific obligations of the guarantor

10. Insurance: Insurance requirements for both landlord and tenant

11. Utilities and Charges: Responsibility for utilities, local authority charges, and other services

12. Access and Inspection: Landlord's rights of access and inspection procedures

13. Termination: Grounds and procedures for termination by either party

14. Notices: Requirements for serving notices under the agreement

15. General Provisions: Standard contract clauses including severability and governing law

What sections are optional to include in a Tenancy Agreement With Guarantor?

1. Break Clause: Optional early termination provisions - include when either party wants flexibility to end the tenancy early

2. Pets: Specific terms regarding keeping pets - include when pets are allowed under certain conditions

3. Rent Pressure Zone Provisions: Include if the property is located in a designated Rent Pressure Zone

4. Furniture and Appliances: Include for furnished properties, detailing responsibilities for maintenance and replacement

5. Garden and External Areas: Include when property has outdoor spaces requiring maintenance

6. Parking: Include when specific parking arrangements are part of the tenancy

7. Management Company Rules: Include for properties in managed developments or apartment blocks

8. Special Conditions: Any unique terms agreed between the parties

What schedules should be included in a Tenancy Agreement With Guarantor?

1. Schedule 1 - Property Inventory: Detailed inventory of all items included in the property, their condition at commencement

2. Schedule 2 - Condition Report: Detailed report on the condition of the property at the start of the tenancy

3. Schedule 3 - Prescribed Information: Statutory information required under Irish residential tenancy law

4. Schedule 4 - Property Photos: Photographic evidence of property condition at commencement

5. Schedule 5 - Building Rules: Any specific rules applicable to the building or development

6. Schedule 6 - Guarantor Financial Information: Confidential schedule containing guarantor's financial verification

7. Appendix A - RTB Rights and Obligations: Standard information about rights and obligations under Irish tenancy law

8. Appendix B - Energy Performance Certificate: Current BER (Building Energy Rating) certificate information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Ireland

Publisher

Ƶ

Document Type

Guarantor Agreement

Sector

Banking

Cost

Free to use

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