Georgia Guaranty of Commercial Lease
Commercial landlords in Georgia can use this standard form of Guaranty to obtain a personal guarantee of a tenant's performance under a commercial lease.
- The Guaranty is a condition precedent to the landlord executing the lease.
- This is a continuing guaranty that will survive any extension, modification or assignment of the lease, and it will remain in force until all payments required by the lease have been paid to the landlord.
- The guarantor waives the right to any notice of the tenant's nonpayment and any subrogation rights against the landlord.
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