Parental or Sponsor Guaranty Sample Contracts

PARENTAL OR SPONSOR GUARANTY
Parental or Sponsor Guaranty • June 28th, 2017
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PARENTAL OR SPONSOR GUARANTY
Parental or Sponsor Guaranty • November 28th, 2018 • Georgia

THIS GUARANTY is executed by the undersigned Guarantor, , (hereafter “Guarantor”). It is understood that , (hereafter “Tenant”), has applied to become a Tenant of Athens Real Estate Group, LLC (hereafter “Landlord”). Attached hereto as Exhibit “A” and incorporated herein by reference, is a copy of the Lease and Rules and Regulations which will be signed by the Tenant. As a condition precedent to acceptance by Landlord of the Tenant, the prospective Tenant’s parent, grandparent, guardian, or other sponsor personally and unconditionally shall guaranty all obligations of the Tenant with respect to the Lease and Rules and Regulations. The requirement of this Guaranty is in recognition that many Tenants lack independent financial means, and that Landlord would not enter into a lease with Tenant in the absence of the present Guaranty. This Guaranty shall remain in full force and effect irregardless of the financial means, or lack thereof, of the Tenant.

PARENTAL OR SPONSOR GUARANTY
Parental or Sponsor Guaranty • February 25th, 2014

In consideration for, and as an inducement to us in making the Lease with the Resident(s) named below, and for other good and valuable consideration, the receipt and sufficiency of which you understand, Guarantor guarantees absolutely and unconditionally to us the full performance and observance of all the agreements and conditions of the Lease, and of any amended, revised, or continued lease, to be performed and observed by you, including, but not limited to, the payment of Rent and other amounts payable by you to us, and expressly waives demand, notice of protest, and notice of any changes, renewals, modifications, or default by you. Guarantor waives each and every notice to which Guarantor might be entitled to under the Lease, or otherwise, including, without limitation, notice of any breach or default by you. This guaranty of payment and not of collection and Guarantor’s liability is primary and not secondary. This guaranty shall apply to the term granted by the Lease, and extensio

OAK PARK APARTMENTS
Parental or Sponsor Guaranty • November 24th, 2009

This guaranty agreement is executed by the person or persons whose names are signed below. It is understood that has applied to become a resident in the apartment community known as Oak Park Apartments, Montevallo, AL. The Landlord/ Management (University Associates) requires as a possible condition of acceptance of such resident, that all obligations to the resident with respect to the lease and the Rules and Regulations be personally and unconditionally by the prospective resident’s parent, guardian, or other sponsor. The undersigned represents that his or her relationship with the resident is that of .

Manhattan Christian College – Anderson Village LLC
Parental or Sponsor Guaranty • May 13th, 2022

The person or persons whose names are signed and printed below execute this guaranty agreement. It is understood that (print name) has applied to become a LESSEE thru MCC - Anderson Village LLC in the apartment complex, townhome community or property known as and/or located at . Attached hereto and

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Parental or Sponsor Guaranty • November 4th, 2015
PARENTAL OR SPONSOR GUARANTY
Parental or Sponsor Guaranty • April 30th, 2021

In consideration for, and as an inducement to us in making the Lease to Resident, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, you, as Guarantor, guarantee irrevocably, absolutely and unconditionally, to us and our successors and assigns, the full performance and prompt observance of all the agreements and conditions of the Lease and of any amendments, revisions or renewals of the Lease (and all documents that are a part of the Lease), including, but not limited to, the payment of Rent and other sums due under the Lease. You acknowledge that you have a relationship with the Resident and as a result of that relationship you will derive a substantial benefit from the making of the Lease to Resident. Once you sign this Guaranty it is your legal obligation to pay us sums due under the Lease. To the extent permitted by law, you hereby waive any legal defenses to this Guaranty based on notice of acceptance, presentment, demand, n

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Parental or Sponsor Guaranty • April 19th, 2013
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