Personal Guarantees

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 beforehand 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.

When leasing commercial space to a tenant, always get a guarantee of the lease from one of the owners of the business. This Guarantee of Commercial Lease form is for the State of Arizona.

• The guarantee is absolute, unconditional and continuing.
• The document should be signed by a director, shareholder, partner, sole proprietor or other person with a financial interest in the tenant's business.
• The guarantor agrees to pay the rent and perform all of the tenant's obligations under the lease, if the tenant is unable to do so.

To get your copy of the Arizona Guarantee of Commercial Lease form, just add it to your shopping cart and go through our secure checkout. You'll be able to download the form after purchasing it.

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.

If you loan money to businesses in California, have the principals of the borrower sign this Guaranty of Debt Obligation form to accompany the loan documents.

• The owners of the borrower company agree to guarantee repayment of the borrower's indebtedness.
• The Guaranty is given unconditionally. The guarantors waive the benefit of any statute of limitations affecting their liability.
• The guarantors will repay the debt upon the dissolution, insolvency, bankruptcy, receivership or business failure of the debtor.
• The guarantors have no right of subrogation until the debt is paid in full.
• This form is a digital template. Buy the form, download it, use it as often you require.
• Intended to be used only in the State of California.

Secure the obligations of a corporate lessee under a Commercial Lease in Colorado with this Guaranty of Lease.

• The Guaranty is given by a principal of the tenant, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant's business.
• The guaranty is absolute, unconditional and continuing.
• A guarantee of this type is required as an inducement to the lessor / 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.
• Available in MS Word format.
• Intended to be used only in the State of Colorado.

Lenders, demand payment from a guarantor under a loan document with this Demand Letter to Guarantor.

• The letter informs the guarantor that the debtor whose indebtedness was guaranteed by the guarantor has defaulted in making payments towards the loan.
• The lender demands that the guarantor pay the outstanding amount by a certain date.

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.

Be sure your corporate records are in order. Download the Canada Directors' Resolution to Guarantee Mortgage, fill in the details and print it for passing by the Board.