Legal Question in Real Estate Law in New York
guarantor agreement for rental lease
is there a standard form I can get for guaranteeing a lease? I was asked by a rental company to ''waive all notices when tenant is not paying. . .etc . . and owner can sue guarantor directly. . . and to waive a trial by jury if a counterclaim is brought.'' I consider this highly irregular as I have signed guarantor agreements before.
Asked on 3/22/07, 10:32 am
1 Answer from Attorneys
Johm Smith
tom's
Re: guarantor agreement for rental lease
These provisions are not that unusual, but you can always try to negotiate a contract.
Answered on 3/22/07, 11:27 am