The Rent Guarantee Agreement is commonly used in both residential and commercial leasing contexts in Germany, where landlords seek additional security beyond standard lease provisions. This document becomes particularly relevant when tenants cannot provide sufficient security deposits or when dealing with high-value commercial leases. The agreement must comply with German law requirements, particularly the written form requirement under 搂766 BGB. A properly structured Rent Guarantee Agreement will clearly define the guaranteed obligations, including rent payments, ancillary costs, and potential damages, while specifying the maximum liability amount and duration of the guarantee. It serves as a critical risk management tool in the German real estate market, providing landlords with additional security while facilitating access to rental properties for tenants who might otherwise struggle to secure a lease.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of all parties: Guarantor (B眉rge), Landlord (Vermieter), and Tenant (Mieter)
2. Background: Context of the guarantee, reference to the main lease agreement, and purpose of the guarantee
3. Definitions: Definition of key terms including Guaranteed Obligations, Property, Lease Agreement, and Security Amount
4. Guarantee: Core guarantee provisions, scope of the guarantee, and maximum liability amount
5. Payment Obligations: Specific terms regarding when and how payments must be made under the guarantee
6. Duration: Term of the guarantee, including start date and conditions for termination
7. Enforcement: Process and conditions for enforcing the guarantee, including notice requirements
8. Representations and Warranties: Guarantor's confirmations regarding their capacity and authority to provide the guarantee
9. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes
1. Multiple Guarantors: Required when more than one guarantor is providing the guarantee, defining joint and several liability
2. Commercial Terms: Additional provisions required for commercial property guarantees, including waiver of certain protections under 搂搂 770, 771 BGB
3. Additional Security: Terms relating to any additional security provided alongside the guarantee
4. Bank Guarantee Option: Terms allowing for replacement of personal guarantee with bank guarantee
5. Guarantor Financial Covenants: Required for commercial guarantees where ongoing financial strength of guarantor is crucial
6. Release Conditions: Specific conditions under which the guarantor may be released from obligations before lease end
7. Assignment and Transfer: Terms governing if and how the guarantee can be assigned or transferred
1. Main Lease Agreement: Copy or key terms of the underlying lease agreement being guaranteed
2. Guaranteed Obligations: Detailed list of specific obligations covered by the guarantee
3. Form of Demand: Template for making a formal demand under the guarantee
4. Guarantor Information: Required identification and contact information for the guarantor
5. Property Details: Specific details of the property subject to the lease agreement
Find the exact document you need
Parent Guarantee Lease Agreement
A German law-governed agreement where a parent company guarantees its subsidiary's obligations under a commercial lease.
Download
Lease Guaranty
A German law document where a guarantor assumes responsibility for a tenant's lease obligations, governed by the German Civil Code (BGB).
Download
Tenancy Agreement With Guarantor
A German law-governed residential tenancy agreement that includes a guarantor provision, compliant with the German Civil Code (BGB).
Download
Parent Guarantee Agreement
A German law-governed agreement where a parent company guarantees its subsidiary's obligations to a third party, structured under the German Civil Code (BGB).
Download
Personal Guarantee Agreement
A German law-governed agreement where an individual guarantees the financial obligations of another party, subject to BGB requirements and consumer protection provisions.
Download
Rent Guarantee Agreement
A German law agreement where a guarantor assumes responsibility for a tenant's rental obligations under the German Civil Code (BGB).
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)