The Guarantee Rental Agreement is essential in Danish rental arrangements where additional financial security is required beyond standard deposits. This document is typically used when a landlord requires extra assurance of rent payment and property protection, or when a tenant needs a third party to guarantee their rental obligations. The agreement complies with Danish rental laws and regulations, particularly the Lease Act (Lejeloven), and can be used for both residential and commercial properties. It includes specific provisions for guarantee amount, claim procedures, and termination conditions, ensuring all parties understand their rights and obligations. The Guarantee Rental Agreement is particularly relevant in situations involving new tenants without rental history, commercial leases, or high-value properties where substantial financial security is needed.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Guarantee Rental Agreement
I need a Guarantee Rental Agreement for a commercial office space in Copenhagen, where a parent company will act as guarantor for its subsidiary's lease starting March 1, 2025, with the guarantee covering both rent and potential property damage.
1. Parties: Identification of the Guarantor, Landlord (beneficiary), and Tenant (primary debtor), including full legal names, addresses, and registration numbers if applicable
2. Background: Context of the guarantee, reference to the main rental agreement, and purpose of the guarantee
3. Definitions: Definitions of key terms used throughout the agreement
4. Guarantee Amount: Specification of the guaranteed sum and any conditions for adjustment
5. Scope of Guarantee: Detailed description of what the guarantee covers, including rent, utilities, damage, and other obligations
6. Duration: Term of the guarantee, including start date and conditions for termination
7. Demands Under Guarantee: Process and conditions for making claims under the guarantee
8. Payment Terms: Timeline and method for payment upon valid demand
9. Guarantor's Rights and Obligations: Detailed listing of the guarantor's responsibilities and rights under the agreement
10. Notices: Requirements for formal communications between parties
11. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
12. Signatures: Execution blocks for all parties
1. Multiple Guarantors: Section addressing joint and several liability when more than one guarantor is involved
2. Counter-Indemnity: Provisions for tenant's obligation to reimburse guarantor for any payments made under the guarantee
3. Property Maintenance Obligations: Specific provisions related to guaranteeing property maintenance obligations
4. Guarantee Reduction Provisions: Terms for potential reduction of guarantee amount over time based on tenant performance
5. Assignment and Transfer: Provisions governing the transfer of guarantee rights or obligations
6. Force Majeure: Provisions addressing extraordinary circumstances affecting guarantee obligations
7. Bank Guarantee Option: Alternative provisions for using a bank guarantee instead of personal guarantee
1. Schedule 1 - Primary Rental Agreement: Copy or key terms of the underlying rental agreement
2. Schedule 2 - Property Details: Detailed description of the rental property and its condition
3. Schedule 3 - Payment Schedule: Breakdown of rent and other guaranteed payments
4. Schedule 4 - Claim Procedures: Detailed procedures for making and processing guarantee claims
5. Appendix A - Guarantor's Financial Statement: Financial information provided by guarantor (if required)
6. Appendix B - Property Inspection Report: Initial condition report of the property
7. Appendix C - Required Notices Format: Templates for formal notices under the guarantee
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Residential Property
Commercial Property
Banking & Financial Services
Property Management
Construction & Development
Retail
Hospitality
Office Space Management
Student Housing
Relevant Teams
Legal
Real Estate Operations
Property Management
Risk Management
Compliance
Tenant Relations
Contract Administration
Financial Control
Property Portfolio Management
Relevant Roles
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Risk Manager
Leasing Manager
Housing Director
Commercial Property Manager
Tenant Relations Manager
Contract Administrator
Real Estate Operations Manager
Financial Controller
Property Portfolio Manager
Find the exact document you need
Guarantor Agreement
A Danish law agreement where a guarantor commits to fulfilling another party's obligations to a creditor if the primary debtor defaults.
find out more
Personal Guarantor Agreement Form
A Danish law-governed agreement where an individual guarantees to fulfill another party's financial obligations to a creditor.
find out more
Parent Guarantee Agreement
A Danish law-governed agreement where a parent company guarantees its subsidiary's obligations to a third party, providing additional security through the parent's financial backing.
find out more
Rental Guarantee Form
A Danish law-governed guarantee document where a financial institution provides security to a landlord in lieu of a rental deposit.
find out more
Performance Guarantee Agreement
A Danish law-governed agreement where a guarantor provides security for a principal's performance obligations to a beneficiary.
find out more
Personal Guarantee Form
A Danish law-governed document where a guarantor assumes responsibility for another party's financial obligations, incorporating specific requirements under Danish legislation.
find out more
Guarantee Rental Agreement
A Danish law-governed agreement establishing terms for rental payment guarantee, defining guarantor obligations and landlord rights.
find out more
Authorised Guarantee Agreement
A Danish law-governed agreement where a guarantor provides financial security for another party's obligations to a beneficiary.
find out more
Rent Guarantee Agreement
A Danish law-governed agreement where a guarantor provides security to a landlord for a tenant's rental obligations.
find out more
Personal Guarantee Promissory Note
A Danish law-governed document combining a promissory note with a personal guarantee, establishing debt obligations and guarantee terms under Danish jurisdiction.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.