A Guarantor Clause In Tenancy Agreements

Many landlords understandably require a guarantor as added security when renting out a property. A guarantor is someone who will step in if the tenant fails to pay rent or damages the property, for example.

It is important to ensure a carefully and properly drafted guarantee or run the risk of the guarantee not being legally enforceable. Without a properly drafted clause, the landlord cannot hope to enforce the guarantee, which might then lead to them serving a formal notice on the tenant terminating the tenancy and requesting vacant possession of the property, to limit their financial risk.

You often see guarantor clauses within tenancies between university students and a landlord, where a parent or guardian usually signs as guarantor.