You can use one of these guarantee agreements as a stand-alone document to read with some other earlier, main document. Because the original is not altered, adding a guarantee for contract performance (a promise that something will be done) or for repayment of a debt is quick and easy to do. These forms should be suitable for any existing contract or agreement.
Personal guarantee forms
Guarantee of contract performance
Simple agreement where guarantor steps in to guarantee performance of any contract. Example contractor has problems; other party refuses payment or threatens to sue. Guarantor "rescues" first party by guaranteeing performance of the contract. Original contract is referenced, so remains unchanged. Applicable to any situation. Very easy way to record re-arrangement of a deal.
Guarantee of contract debt OR Deed of guarantee of loan
Simple agreement where guarantor steps into guarantee payment of a debt. One party has money problems. The other party refuses credit or refuses to continue his own contractual obligations. Guarantor "rescues" the first party by guaranteeing payment. Applicable to any situation where money is owed. Optional new terms suggested.
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