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Minnesota Guaranty of Commercial Lease
This Guaranty secures a corporate tenant's performance of a commercial lease in Minnesota, including payment of rent.
- The guaranty is unconditional and continuing, which means that it stays in effect until the end of the lease term and any renewals or extensions.
- The guarantor is someone with a material interest in the business, such as a shareholder or partner.
- A guarantee of this type is typically required as an inducement to the lessor â„ landlord to sign 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.
$17.99
Minnesota Mutual Cancellation of Commercial Lease
Cancel a lease for office or retail space with this Mutual Cancellation of Commercial Lease form for Minnesota rental premises.
- This agreement is for commercial tenants only. A different form is required for residential properties.
- The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate as of a specific date.
- The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.
- Available in MS Word format.
- Intended to be used only in the State of Minnesota.
$2.29