The Guaranty of Lease Agreement is a crucial document in Malaysian property transactions, commonly used when landlords require additional security beyond the tenant's own covenant. This requirement often arises in commercial leases, corporate tenancies, or situations where the tenant has limited trading history or financial strength. The document provides comprehensive protection for landlords while clearly defining the guarantor's obligations and limitations. It must comply with Malaysian legislation, particularly the Contracts Act 1950 and the National Land Code 1965, and requires proper stamping under the Stamp Act 1949 to be admissible in court. The agreement typically includes detailed provisions about the scope of guarantee, enforcement mechanisms, and the duration of the guarantor's obligations, making it an essential tool in Malaysian property leasing arrangements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the Guarantor, Landlord (beneficiary of the guarantee), and reference to the Tenant
2. Background: Recitals explaining the context of the guarantee, referring to the main lease agreement and the requirement for a guarantee
3. Definitions: Defines key terms used in the agreement, including 'Lease', 'Guaranteed Obligations', 'Property', and other relevant terms
4. Guarantee and Indemnity: Core section establishing the guarantee and indemnity obligations of the guarantor
5. Scope of Guarantee: Detailed description of what obligations are covered by the guarantee
6. Duration of Guarantee: Specifies how long the guarantee remains in effect and any conditions for termination
7. Guarantor's Obligations: Specific duties and responsibilities of the guarantor, including payment obligations and performance guarantees
8. Preservation of Guarantee: Circumstances under which the guarantee remains valid despite changes to the lease or tenant's status
9. Landlord's Rights: Powers and rights of the landlord in enforcing the guarantee
10. Representations and Warranties: Guarantor's confirmations about their capacity and authority to provide the guarantee
11. Notices: Requirements for serving notices under the guarantee agreement
12. Governing Law and Jurisdiction: Specifies Malaysian law as governing law and jurisdiction for disputes
1. Corporate Guarantor Provisions: Additional provisions specific to corporate guarantors, including board resolutions and financial covenants
2. Joint Guarantors: Provisions dealing with multiple guarantors and their joint and several liability
3. Security Provisions: Additional security measures such as charges over assets or bank guarantees
4. Step-In Rights: Rights of guarantor to take over the lease in case of tenant default
5. Guarantee Limit: If the guarantee is to be capped at a specific amount or limited in scope
6. Assignment and Transfer: Provisions regarding the transfer or assignment of the guarantee rights
7. Financial Reporting: Requirements for guarantor to provide periodic financial information
1. Schedule 1 - The Lease: Copy or key details of the main lease agreement being guaranteed
2. Schedule 2 - Guaranteed Obligations: Detailed list of the specific obligations being guaranteed
3. Schedule 3 - Property Details: Description and details of the leased property
4. Schedule 4 - Guarantor Information: Detailed information about the guarantor including address and contact details
5. Appendix A - Form of Demand: Standard form for making demands under the guarantee
6. Appendix B - Corporate Authority Documents: For corporate guarantors, copies of relevant corporate authorizations
Find the exact document you need
Guarantor Agreement For Employment
A Malaysian law-compliant agreement where a guarantor provides security for an employee's employment-related obligations and performance.
Download
Agreement Of Personal Guaranty
A Malaysian law-governed agreement where an individual personally guarantees the financial obligations of another party to a creditor.
Download
Guarantee Lease Agreement
A Malaysian law-governed agreement combining property lease terms with a third-party guarantee to secure tenant obligations.
Download
Guarantee And Indemnity Contract Of Sale
A Malaysian law-governed document combining guarantee and indemnity provisions with a sale contract, where a guarantor secures the seller's obligations to the buyer.
Download
Guaranty Of Lease Agreement
A Malaysian law-governed agreement where a guarantor undertakes to fulfill a tenant's lease obligations in case of default.
Download
Performance Bond Agreement
A Malaysian law-governed financial guarantee instrument where a guarantor undertakes to pay a specified sum if a principal fails to meet their contractual obligations.
Download
Payment Guarantee Agreement
A Malaysian law-governed agreement where a Guarantor legally commits to ensuring payment obligations of a Principal Debtor to a Beneficiary.
Download
Personal Guarantee Rental Agreement
A Malaysian legal document where a guarantor assumes responsibility for a tenant's rental obligations in case of default, governed by Malaysian contract and property law.
Download
Personal Guarantee Lease Agreement
A Malaysian law-governed agreement combining a property lease with a personal guarantee, ensuring additional security for the landlord through guarantor commitment.
Download
Personal Guarantee Agreement
A Malaysian law-governed agreement where an individual guarantees to fulfill another party's financial obligations if they default, commonly used in business and lending transactions.
Download
Joint Guarantee Agreement
A Malaysian law-governed agreement where multiple guarantors jointly secure a debtor's obligations to a creditor with joint and several liability.
Download
Guaranty Agreement
A Malaysian law-governed agreement where a guarantor assumes responsibility for another party's financial obligations, structured according to Malaysian legal requirements and regulations.
Download
Guaranteed Payment Agreement
A Malaysian law-governed agreement where a guarantor ensures payment obligations of a debtor to a beneficiary, compliant with local banking and contract laws.
Download
Guarantee Rental Agreement
A Malaysian law-governed agreement where a guarantor ensures a tenant's rental obligations, providing additional security to the landlord.
Download
Continuing Guarantee Agreement
A Malaysian law-governed agreement where a guarantor provides continuing security for a borrower's present and future obligations to a lender.
Download
Lease Contract Guaranty
A Malaysian law-governed guarantee agreement where a third party guarantees a tenant's obligations under a lease agreement, providing additional security to the landlord.
Download
Guarantor Rental Agreement
A Malaysian law-governed agreement where a guarantor assumes responsibility for a tenant's rental obligations to provide additional security to the landlord.
Download
Guaranty Fee Agreement
A Malaysian law-governed agreement establishing the terms for payment of fees in consideration of providing a guarantee, including calculation methodology and payment obligations.
Download
Guarantor Tenancy Agreement
A Malaysian law-governed agreement combining standard tenancy terms with guarantor provisions, ensuring additional security for landlords through third-party guarantee of tenant obligations.
Download
Rent Guarantee Agreement
A Malaysian law-governed agreement where a guarantor provides security for a tenant's rental obligations under a tenancy agreement.
Download
Investment Guarantee Agreement
A Malaysian law-governed agreement providing investment protection guarantees and risk mitigation measures for foreign investments in Malaysia.
Download
Personal Guarantee Promissory Note
A Malaysian law-governed document combining a promissory note with a personal guarantee, creating both payment and guarantee obligations under Malaysian banking and contract laws.
Download
Personal Guarantee Letter
A Malaysian law-governed document where an individual guarantees to fulfill another party's financial obligations if they default.
Download
Contract Performance Guarantee
A Malaysian law-governed guarantee instrument where a guarantor (typically a bank) provides financial security for a party's contractual performance obligations.
Download
Guarantor Lease Agreement
A Malaysian law-governed agreement where a guarantor assumes responsibility for a tenant's lease obligations in case of default.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)