Alberta Corporate Mortgage Guarantee Forms

Obtain a personal guarantee from the principals of a corporate borrower with this Guarantee and Postponement of Claim for Alberta, Canada.

Purpose of Guarantee and Postponement

The Guarantee would be given by a director, shareholder, or sole proprietor of the corporation as security to guarantee repayment of the corporate borrower's indebtedness to a lender if the borrower defaults in paying back the debt.

The guarantor also agrees that any debts owed by the borrower to the guarantor will be postponed to the debts owed to the lender, and the lender's claims would take priority.

Who Can Use this Guarantee Template

The Guarantee and Postponement of Claim can be used by any company that lends money or extends credit to customers in Alberta.

What is Included in the Template Form

The template includes the form of acknowledgement required by the Guarantees Acknowledgement Act (Alberta). It also includes an affidavit of execution.

Format and Jurisdiction

The Guarantee and Postponement of Claim form is available in MS Word format. It is customizable and reusable.

This document is intended for use only in the Province of Alberta, Canada.

Use this free template to prepare a Certificate of Representations and Warranties for a Canadian corporation.

• Banks and lenders in Canada usually require corporate borrowers to provide a Certificate of Representations and Warranties.
• The certificate is to be signed by an officer of the corporation.
• This is a free document in MS Word format.
• Intended to be used only in Canada.