Ƶ

Personal Guarantee Rental Agreement for Singapore

Personal Guarantee Rental Agreement Template for Singapore

A Personal Guarantee Rental Agreement under Singapore law is a legally binding document where a third party (guarantor) commits to fulfilling the tenant's rental obligations if the tenant defaults. This agreement, governed by Singapore's Civil Law Act and property legislation, provides additional security for landlords by ensuring rental payments and other tenancy obligations are met through a personal guarantee. The document outlines the scope of the guarantee, the guarantor's obligations, and enforcement mechanisms.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Personal Guarantee Rental Agreement?

The Personal Guarantee Rental Agreement is commonly used in Singapore's property rental market when landlords require additional security beyond standard deposits. This document becomes particularly relevant for tenants with limited rental history, students, or in high-value property rentals. The agreement, compliant with Singapore's legal framework, typically includes detailed provisions about the guarantee's scope, duration, and enforcement mechanisms. It provides landlords with recourse to the guarantor's assets if the tenant defaults on rent payments or other obligations under the main tenancy agreement. The document must comply with Singapore's Civil Law Act requirements for guarantees and consider relevant property legislation.

What sections should be included in a Personal Guarantee Rental Agreement?

1. Parties: Identifies and defines all parties: Landlord, Tenant, and Guarantor

2. Background: Context of the guarantee arrangement and reference to main tenancy agreement

3. Definitions: Key terms used throughout the agreement including references to relevant Singapore legislation

4. Guarantee and Indemnity: Core obligations of the guarantor under Singapore law

5. Scope of Guarantee: Extent and limitations of the guarantee in accordance with Civil Law Act requirements

6. Duration: Term of the guarantee and conditions for extension or termination

7. Guarantor's Obligations: Specific duties and responsibilities of the guarantor including payment obligations

8. Enforcement: Conditions and process for enforcing the guarantee under Singapore law

What sections are optional to include in a Personal Guarantee Rental Agreement?

1. Additional Security: Provisions for additional forms of security such as deposits or other collateral

2. Joint and Several Liability: Provisions dealing with multiple guarantors and their collective responsibilities

3. Guarantee Limit: Specific provisions capping the maximum liability under the guarantee

What schedules should be included in a Personal Guarantee Rental Agreement?

1. Schedule 1 - Main Tenancy Agreement: Copy or key terms of the underlying tenancy agreement being guaranteed

2. Schedule 2 - Guaranteed Obligations: Detailed list of obligations covered by the guarantee

3. Schedule 3 - Guarantor's Details: Complete information about the guarantor including financial status

4. Appendix A - Notice Requirements: Procedures for serving notices under the guarantee in compliance with Singapore law

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

Singapore

Publisher

Ƶ

Document Type

Guarantee Agreement

Sector

Banking

Cost

Free to use

Find the exact document you need

Lease Guaranty Form

A Singapore law-governed guarantee agreement where a third party assumes responsibility for a tenant's lease obligations.

Download

Guarantee Of Lease Form

A Singapore law-governed document where a guarantor commits to fulfilling a tenant's lease obligations in case of default.

Download

Guarantee And Indemnity Contract Of Sale

A Singapore law-governed agreement providing guarantee and indemnity protection for obligations arising from a sale contract.

Download

Guaranty Of Lease Agreement

A Singapore law-governed agreement where a guarantor assumes responsibility for a tenant's lease obligations in case of default.

Download

Performance Guarantee Agreement

A Singapore law-governed agreement where a guarantor ensures the performance obligations of a principal obligor to a beneficiary.

Download

Payment Guarantee Agreement

A Singapore law-governed agreement where one party guarantees the payment obligations of another party to a beneficiary.

Download

Personal Guarantee Rental Agreement

A Singapore law-governed agreement where a guarantor commits to fulfilling a tenant's rental obligations in case of default.

Download

Personal Guarantee Form For Commercial Lease

A Singapore law-governed document where an individual personally guarantees a business tenant's obligations under a commercial lease agreement.

Download

Personal Guarantee Form

A Singapore law-governed document where an individual personally guarantees the financial obligations of another party to a creditor.

Download

Loan Guarantee Agreement

A Singapore law-governed agreement where a guarantor commits to securing a debtor's loan obligations to a creditor.

Download

Lease Guarantee Agreement

A Singapore law agreement where a guarantor ensures a tenant's lease obligations to a landlord.

Download

Joint Guarantee Agreement

A Singapore law-governed agreement where multiple parties jointly guarantee a debtor's obligations to a creditor.

Download

Guarantee Rental Agreement

A Singapore-compliant agreement where a guarantor ensures a tenant's rental obligations to a landlord.

Download

Guarantee And Collateral Agreement

A Singapore law-governed agreement combining personal guarantees with security interests over collateral to secure obligations.

Download

Corporate Guarantee Agreement

A Singapore law-governed agreement where a corporate entity guarantees the obligations of another party to a creditor.

Download

Continuing Guarantee Agreement

A Singapore law-governed agreement where a guarantor provides ongoing security for a debtor's obligations to a creditor.

Download

Guarantor Rental Agreement

A Singapore-law governed agreement where a guarantor assumes responsibility for a tenant's rental obligations.

Download

Personal Guaranty Agreement

A Singapore law-governed agreement where a guarantor assumes responsibility for another party's financial obligations.

Download

Guarantor Contract

A Singapore law-governed agreement where a guarantor promises to fulfill another party's obligations in case of default.

Download

Loan Guarantee Form

A Singapore law-governed document where a guarantor commits to secure a debtor's loan obligations.

Download

Rent Guarantee Agreement

A Singapore-law governed agreement where a guarantor commits to ensuring a tenant's rental obligations are met.

Download

Loan Personal Guarantee Form

A Singapore-compliant legal document where a guarantor commits to repaying a loan if the primary borrower defaults.

Download

Personal Guarantee Promissory Note

A Singapore law-governed document combining a personal guarantee and promise to pay a specified sum, creating security for financial obligations.

Download

Guarantee Facility Agreement

A Singapore law-governed agreement establishing terms for providing multiple guarantees up to an agreed facility limit.

Download

Loan Guarantor Agreement

A Singapore law-governed agreement where a guarantor promises to repay a loan if the primary borrower defaults.

Download
See more related templates

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