Rent Guarantee Clause Examples
A Rent Guarantee clause ensures that a third party, often called a guarantor, promises to pay the rent if the tenant fails to do so. This clause typically applies to lease agreements, where landlords may require a guarantor for tenants with limited credit history or financial stability. By providing a financial backstop, the clause protects landlords from potential losses due to non-payment and increases the likelihood of consistent rent collection.
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Rent Guarantee. Notwithstanding anything to the contrary in the Lease, as amended, in the event the Lease terminates prior to ten (10) years after the Effective Date hereof (the “Rent Guarantee Date”), Tenant shall pay to Landlord in one lump-sum the total remaining Rent payments that would have otherwise been due to the Landlord through the Rent Guarantee Date (the “Rent Guarantee Amount”) within thirty (30) days after termination of the Lease, provided however, the Rent Guarantee Amount shall not be paid to Landlord in the event that: (i) the Lease is terminated by Tenant due to an uncured breach of the Lease by Landlord; or (ii) the Lease is terminated by either party or any applicable third party having a legal or statutory right to terminate the Lease due to a condemnation or taking of the Leased Premises and/or Parent Parcel by the applicable local, state or federal jurisdiction or agency.
Rent Guarantee. Requirements for You to be approved for a Rent Guarantee provided by Pensio and administered by World set forth below.
Rent Guarantee. Fineholm can provide the Landlord with a rent guarantee and legal expenses cover. This means that the Landlord will still receive payment of rent even if the tenant defaults (subject to conditions*). The cost of this is 2.54% plus VAT (3.05% inclusive of VAT) of the total rent payable monthly (whether paid by the tenant or not) - Fineholm will offer this service free of charge for the first 2 months of the first tenancy, if you wish to cancel the cover thereafter we require one months’ written notice. (*payments are subject to an excess equivalent to one months’ rent and cover is limited to a maximum of 5 payments)
Rent Guarantee. The lessee shall provide a guarantee as follows: As security for the fulfilment of his obligations resulting from the lease signed by the tenant and to ensure the proper execution of his obligations, the tenant deposits a capitalization bond of an amount of …… EUR (3 months rent). This capitalization bond is established in the name of the Lessee. The interest will be capitalized. This guarantee, be it the capital or interest is not available for the benefit of one party or another, except on presentation of a written agreement or a copy of a court decision. Depending on the case, the deposit is either released or removed at the end of the lease, after deduction of any amount that might be owed after the Lessee has fully and correctly met all his obligations. The deposit cannot be used by the Lessee to pay one or more months’ rent or charges. The Lessee may not access the property as long as the deposit is not established, unless the Lessor gives his agreement to do so. Three months’ rent, i.e. a rent guarantee of € … into a personal account blocked into his own name. The interest generated shall be capitalised in favour of the lessee. The lessor shall have a lien on the assets in the account in respect of any claims owing to the lessee’s failure to comply with his obligations, whether in part or in full. Depending on the case, the deposit is either released or removed at the end of the lease, after deduction of any amount that might be owed after the Lessee has fully and properly met all his obligations. The deposit cannot be used by the Lessee to pay one or more months’ rent or charges. The Lessee may not access the property as long as the deposit is not established unless the Lessor gives his agreement to do so.
Rent Guarantee. To guarantee the performance of the obligations that it accepts under this lease and its renewals, the tenant provides to the lessor, at the signing of the lease, a bank guarantee for CHF 80,400.00, in accordance with Article 2 of the General Conditions for commercial premises.
Rent Guarantee. The Rent Guarantee amount is solely set by the Principal Broker to determine the base rental amount. The Principal Broker will factor in the area, condition, season, location, and other factors to set a rental price on a home or unit. If the Owners decide to execute the Rent Guarantee amount for 30 days as advertised, then if the said Property has not rented in 30 days at the determined Rent Guarantee price, the Rent Guarantee amount will be paid to the Owner by Agent on the 32nd day. This amount cannot be disputed and will ONLY be executed after the Owner agrees to advertise said Property at the Rent Guarantee price for 30 days. The Rent Guarantee payment is limited to 1 month worth of rent, and is NOT applicable to succeeding months. Rent Guarantee Amount $ **This offer is VOID after 60 days**
Rent Guarantee. 1. The guarantee that the tenant provides to the lessor at the signing of the agreement, constituted in the form of a bank deposit, bank guarantee or other guarantee expressly accepted by the lessor, cannot be allocated by the tenant to the contractual payment of the rent and/or payment of the charges for incidental expenses.
Rent Guarantee. HT Homess can provide the Landlord with a rent guarantee and legal expenses cover. This means that the Landlord will still receive payment of rent even if the tenant defaults (subject to conditions). The cost of this is 2.54% plus VAT of the total rent payable monthly (whether paid by the tenant or not) - HT Homess will offer this service free of charge for the first 2 months of the first tenancy, if you wish to cancel the cover thereafter we require one months’ written notice.
Rent Guarantee. (Delete what does not apply. There is only one option)
A. The parties agree that the Tenant shall not provide a guarantee to the Landlord.
B. The parties agree that the Tenant shall provide a guarantee of ....
Rent Guarantee where you have opted for our Property Management Service and we have provided written confirmation of Rent Guarantee for specific Tenant, we will pay the rent in accordance with the terms set out in section H of the Guide to Landlords.