tiktok³ÉÈ˰æ

Guarantor Indemnity Agreement Template for England and Wales

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Guarantor Indemnity Agreement

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 of your information

Key Requirements PROMPT example:

Guarantor Indemnity Agreement

"Need a Guarantor Indemnity Agreement for a commercial property lease in London, where my company will act as guarantor for a subsidiary's lease obligations starting March 2025, with specific provisions for early termination rights."

What is a Guarantor Indemnity Agreement?

A Guarantor Indemnity Agreement is commonly used in England and Wales when additional security is required for financial or commercial obligations. It provides stronger protection than a simple guarantee by combining both guarantee and indemnity provisions, making it particularly valuable in commercial lending, property leasing, and business transactions. The document typically details the scope of guaranteed obligations, enforcement mechanisms, and the guarantor's obligations. This agreement type must comply with English law requirements, including the Statute of Frauds 1677 and relevant consumer protection legislation where applicable.

What sections should be included in a Guarantor Indemnity Agreement?

1. Parties: Identifies and defines the Guarantor, Principal Debtor, and Beneficiary

2. Background: Explains the context of the principal obligation and reason for guarantee

3. Definitions: Defines key terms used throughout the agreement

4. Guarantee and Indemnity: Core obligations of the guarantor including both guarantee and indemnity provisions

5. Scope of Guarantee: Defines extent and limitations of guaranteed obligations

6. Duration: Period of effectiveness and termination provisions

7. Guarantor's Obligations: Detailed responsibilities and payment obligations

8. Enforcement: Rights and remedies of the beneficiary

What sections are optional to include in a Guarantor Indemnity Agreement?

1. Security Provisions: Additional security arrangements - used when additional security is required beyond personal guarantee

2. Multiple Guarantors: Joint and several liability provisions - used when more than one guarantor is involved

3. Assignment: Rights to transfer the guarantee - used when transfer rights are needed

4. Costs and Expenses: Allocation of legal and enforcement costs - used when specific cost arrangements are needed

What schedules should be included in a Guarantor Indemnity Agreement?

1. Schedule of Guaranteed Obligations: Detailed list of obligations covered by the guarantee

2. Form of Demand: Template for making demands under the guarantee

3. Asset Schedule: List of guarantor's assets (if asset-backed)

4. Principal Agreement: Copy or summary of the underlying agreement being guaranteed

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





























Clauses

































Industries

Statute of Frauds 1677: Section 4 requires guarantees to be in writing and signed to be legally enforceable. This is a fundamental requirement for any guarantee or indemnity agreement.

Consumer Credit Act 1974: Regulates consumer credit relationships, including guarantees. Specifies requirements for form and content of agreements and provides consumer protections when the guarantee relates to consumer credit.

Unfair Contract Terms Act 1977: Places restrictions on exclusion clauses and requires terms to pass a reasonableness test. Essential consideration for drafting fair and enforceable guarantee terms.

Consumer Rights Act 2015: Applies when one party is a consumer. Imposes requirements for fairness and transparency in contract terms and provides additional consumer protections.

Contract Law Fundamentals: Common law principles covering offer, acceptance, consideration, intention to create legal relations, and capacity. These form the basic requirements for a valid contract.

Guarantee-Specific Principles: Common law principles specific to guarantees including co-extensiveness with principal obligation, rights of subrogation, and conditions for discharge of guarantor.

Financial Services and Markets Act 2000: Relevant when the guarantee relates to regulated financial activities. Imposes additional regulatory requirements and protections.

Money Laundering Regulations 2017: Sets out due diligence requirements that may be relevant when establishing guarantee relationships, particularly in commercial contexts.

Misrepresentation Act 1967: Governs the consequences of false statements made during contract formation. Relevant for statements made to induce guarantee agreements.

Limitation Act 1980: Establishes time limits for enforcement of contractual rights, including those under guarantees and indemnities.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Personal Guarantee Rental Agreement

An England & Wales legal document ensuring guarantor liability for tenant obligations in property leasing agreements.

find out more

Personal Guarantee Lease Agreement

An England & Wales legal document ensuring lease obligations through a guarantor's financial commitment.

find out more

Personal Guarantee Form

An England & Wales legal document ensuring personal liability for corporate debt obligations.

find out more

Lease Personal Guarantee Form

An England & Wales legal document ensuring third-party fulfillment of lease obligations if the tenant defaults.

find out more

Lease Guarantee Agreement

An England & Wales legal document ensuring lease security through a third-party guarantor's liability.

find out more

Guaranty Form

An England & Wales legal document securing creditor rights if the principal debtor defaults on obligations.

find out more

Guarantor Joint Tenancy Agreement

An England & Wales agreement ensuring guarantor obligations for joint tenancy rent and responsibilities.

find out more

Commercial Lease Guarantor Form

A legal document ensuring a third party's financial responsibility for a commercial lease agreement.

find out more

Co Guarantor Agreement

An English law document detailing joint guarantors' liabilities and rights in financial or performance obligations.

find out more

Lease Guarantor Form

A legally binding document under English and Welsh law where a third party guarantees a tenant's lease obligations.

find out more

Guarantor Indemnity Agreement

An English law agreement where a guarantor provides both a guarantee and indemnity for another party's obligations.

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.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s 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 £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.