USA Non-Recourse Guaranty of Commercial Lease by Spouse
Have the spouse of the owner of a business tenant provide this Non-Recourse Guaranty of the tenant's lease in order to secure performance of the lease obligations.
- The guarantor is the spouse of a principal of the corporate tenant and is provided in addition to a guaranty made by the principal.
- The landlord requires the guaranty as a condition for accepting the sufficiency of the principal's guaranty.
- The spouse gives the landlord the right to obtain payment of sums due under the lease from property and assets owned by the spouse, whether community or jointly held property or as separate property.
To obtain the Non-Recourse Guaranty of Commercial Lease by Spouse, add it to your shopping cart and check out using one of the payment methods provided.
Last Updated: 19-Apr-2016