CANADA

Obtain a guarantee to ensure repayment of a mortgage loan to a corporation with this package of mortgage guarantee forms for Alberta.

• The guarantee is an unconditional guarantee from a principal of the corporation who agrees to repay the principal, interest and all other sums owing under the mortgage if the corporate mortgagor defaults.
• The guarantor's liability will be to the same extent as if the guarantor was primarily liable under the mortgage security, and not just as a surety.
• The package also includes a set of corporate resolutions to be passed by the shareholders and directors of the corporate guarantor, authorizing the corporation to give the guarantee.
• This package of Mortgage Guarantee forms is intended to be used in the Province of Alberta, Canada.

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

• The Guarantee would be given by a director, shareholder, or sole proprietor of the corporation as security to guarantee repayment of the 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.
• A Guarantee and Postponement of Claim secures repayment of your debt. If you lend money or extend credit to customers in Alberta, you should have this form.
• The form includes the required Guarantees Acknowledgement Act acknowledgement, as well as an affidavit of execution.
• This legal document is intended solely for use in the Province of Alberta, Canada.

Don't wait for a business tenant to default on its lease obligations. Get a personal guarantee from the owners with this Guarantee of Commercial Lease form for Alberta landlords.

• The guarantee is given by a principal of the company, such as a shareholder, partner, sole proprietor or other person with a financial interest in the tenant.
• The guarantee is unconditional and continuing.
• A guarantee of this type is typically required by the landlord prior to signing the lease.
• The guarantor agrees to pay all rent and other amounts due under the lease if the lessee defaults, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.
• This is a downloadable form in MS Word format.
• This legal document is solely for use in the Province of Alberta, Canada.

Prepare a Guarantees Acknowledgement Act Certificate with this free form for the Province of Alberta.

• The Certificate must be attached to a Personal Guarantee.
• The lawyer/notary public certifies that the guarantor appeared in person before them, has read the guarantee and understands it, and has acknowledged executing the guarantee.
• This Certificate is required by Alberta law and must be attached to any personal guarantee signed in the province.
• This form can only be used in Alberta, Canada.

Obtain a personal guarantee to repay the debts of a corporate borrower with this Guarantee and Postponement for the Province of British Columbia.

• The Guarantee must be given by someone with a material interest in the company (such as a director, shareholder, sole proprietor, etc) to guarantee repayment of the borrower's indebtedness to a lender, in the event that the borrower defaults.
• 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.
• Once you purchase the form, it's yours to use as often as you like. There are no additional fees.

Every lender in British Columbia should have the Guarantee and Postponement form as part of their loan documentation. You can download the form immediately after purchase.

Use this ready-made Directors' Resolution template to authorize a Canadian corporation to guarantee a mortgage.

• The Board of Directors resolve to have the corporation guarantee the repayment of a mortgage loan taken out by an affiliate or subsidiary, and to sign the necessary legal documents.
• This template can be used for federal corporations or for business corporations incorporated under any provincial Business Corporations Act.
• Available in MS Word format.
• Intended to be used only in Canada.

Prior to assigning a mortgage to a new lender, any guarantor to the mortgage should give their consent by signing this Guarantor Consent Form.

• If a personal guarantee has been given as security for a mortgage loan and the mortgagee wants to assign the mortgage to another lender, the guarantor must consent to the assignment.
• The guarantor acknowledges that he is aware that the guarantee he gave for repayment of the mortgage loan is still binding, notwithstanding the assignment.
• This is a downloadable legal form which can be used anywhere in Canada.

Make sure your paperwork is complete - download the Guarantor Consent to Assignment of Mortgage form.

This Ontario Guarantee and Postponement of Claim is a means of securing repayment of the indebtedness of a corporate borrower.

• The guarantor is a director, shareholder, sole proprietor or other person with a material interest in the business of the borrower.
• The guarantor guarantees that he/she will repay the indebtedness to the lender if the borrower defaults in payment.
• The guarantor 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.
• To access the form, add it to your cart and click on the checkout button to pay for your purchase. You can then download the form to your PC, laptop or tablet.
• Intended for use in the Province of Ontario, Canada.

Secure the lease obligations of a corporate tenant in the Province of Ontario with this unconditional and continuing Guarantee of Commercial Lease.

• The guarantee is given by a principal of the company, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
• The guarantee is being given as a means to induce the landlord to execute the lease.
• The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.
• Never sign a commercial lease with a business tenant without also getting a personal guarantee of the lease. Buy the form, download it, fill in the details, print and get a signature.
• Available in MS Word format.
• Intended to be used only in the Province of Ontario, Canada.

Prepare a Personal Guarantee of Corporate Mortgage with this downloadable template for Canadian lenders.

• The guarantor is a principal of the company obtaining the mortgage loan.
• The guarantee is taken by the lender to secure repayment of the mortgage.
• This form of guarantee is typically required by all major banks and other lenders as additional loan security.
• The Personal Guarantee of Corporate Mortgage is a digital legal form that can be used across Canada. It includes a Guarantees Acknowledgment Act form for use in the Province of Alberta.