The Guarantor Letter is a fundamental instrument in Austrian business and financial transactions, used when one party needs to provide security for another's obligations. This document type is governed primarily by the Austrian Civil Code (ABGB) and, where applicable, the Commercial Code (UGB) and Consumer Protection Act (KSchG). The Guarantor Letter must clearly state the guarantee commitment, specify the guaranteed obligations, and include all mandatory elements required by Austrian law. It's commonly used in various business contexts, from securing commercial loans to supporting construction contracts or lease agreements. The document's format and content must strictly comply with Austrian legal requirements, particularly regarding form requirements and, in cases involving consumer guarantors, mandatory warning notices and protective provisions.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Letter Header: Date, recipient details, and reference numbers
2. Subject Line: Clear identification of the document as a Guarantor Letter and reference to the underlying obligation
3. Identification of Parties: Full details of the Guarantor, Principal Debtor, and Beneficiary
4. Reference to Principal Obligation: Clear description of the underlying debt or obligation being guaranteed
5. Guarantee Declaration: Express and unequivocal statement of guarantee in accordance with § 1346 ABGB
6. Scope of Guarantee: Specific amount or limit of the guarantee and whether it covers interest and costs
7. Duration: Term of the guarantee and any expiry conditions
8. Payment Terms: Conditions and process for demanding payment under the guarantee
9. Signature Block: Formal signature section with full name and title of authorized signatory
1. Consumer Protection Notice: Mandatory warning notice if the guarantor is a consumer, as required by § 25c KSchG
2. Demand Requirements: Specific formal requirements for making a demand under the guarantee
3. Guarantee Limitations: Any specific exclusions or limitations to the guarantee obligation
4. Transfer Provisions: Terms regarding whether the guarantee can be assigned or transferred
5. Choice of Law and Jurisdiction: While Austrian law is applicable, specific jurisdiction provisions may be needed for international parties
6. Bank Details: Payment account details if the guarantee involves direct payment obligations
1. Copy of Principal Agreement: Reference copy of the underlying agreement or obligation being guaranteed
2. Specimen Signature: Where required, especially for bank guarantees
3. Form of Demand: Template for making a valid demand under the guarantee
4. Corporate Authorization: If the guarantor is a company, evidence of authority to issue the guarantee
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Construction
Manufacturing
Retail
Import/Export
Professional Services
Energy
Infrastructure
Telecommunications
Relevant Teams
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit Control
Commercial Operations
Banking Relations
Relevant Roles
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Lawyer
Risk Manager
Credit Manager
Treasury Manager
Contract Manager
Commercial Director
Company Secretary
Banking Relationship Manager
Compliance Officer
Find the exact document you need
Collection Letter To Customer
An Austrian law-compliant formal letter requesting payment from customers with outstanding debts, including legal requirements and payment instructions.
find out more
Letter Of Support For Funding
An Austrian-compliant formal document declaring organizational support for a funding application, outlining commitments and terms of assistance under Austrian law.
find out more
Transfer Letter To Employee From One Location To Another
An Austrian law-compliant letter documenting an employee's transfer to a new work location within the same organization.
find out more
Formal Authorization Letter
An Austrian law-compliant authorization letter (Vollmacht) that formally delegates specific powers from a principal to an agent, governed by the ABGB.
find out more
Cash Advance Request Letter
An Austrian-compliant formal letter requesting a monetary advance from an employer or financial institution, including request details and repayment terms.
find out more
Authorization Letter For Claiming Money
An Austrian law-compliant authorization letter that enables a designated person to claim and collect money on behalf of the authorizer.
find out more
Application Letter For Sick Leave
A formal Austrian sick leave notification document used to inform employers about an employee's temporary inability to work due to illness, in compliance with Austrian labor laws.
find out more
Application Letter For Seaman
A formal maritime job application document used in Austria, combining local employment law requirements with international maritime standards for seafarer employment applications.
find out more
Application Letter For Cashier
A formal application letter for cashier positions in Austria, following local employment laws and business correspondence standards.
find out more
Letter Of Commendation
An Austrian-compliant formal document recognizing an employee's outstanding performance and achievements, serving as official employment documentation and professional reference.
find out more
Contract Renewal Letter
An Austrian law-governed document formally extending an existing contract's duration, potentially with modified terms.
find out more
Guarantor Letter
An Austrian law-governed formal undertaking where a guarantor assumes responsibility for another party's obligations, structured according to ABGB requirements.
find out more
Personal Character Reference Letter
An Austrian-compliant formal letter attesting to an individual's character, personal qualities, and integrity, written by a credible reference provider.
find out more
Letter Of Assistance
An Austrian law-compliant formal document establishing the terms and conditions of professional assistance between two parties.
find out more
Joining Letter After Maternity Leave
An Austrian law-compliant formal letter confirming an employee's return-to-work arrangements following maternity leave, including position and working conditions.
find out more
Forwarding Letter
An Austrian-law governed instruction document from shipper to forwarding agent detailing requirements for goods transportation and handling.
find out more
Authorization Letter To Receive Money
An Austrian-law governed authorization letter that enables a designated person to receive money on behalf of another party, compliant with ABGB requirements.
find out more
Authorization Letter To Claim Cheque
An Austrian law-compliant authorization letter enabling a designated person to collect or cash a cheque on behalf of the cheque owner.
find out more
Authorization Letter On My Behalf
An Austrian law-compliant authorization letter that formally delegates specific powers from a principal to an agent, governed by the ABGB.
find out more
Letter Of Referral
An Austrian-compliant formal document providing professional or academic recommendations, adhering to local privacy laws and professional standards.
find out more
Employee Experience Letter
An Austrian Employee Experience Letter (Arbeitszeugnis) is a legally required document providing formal documentation of employment history and performance evaluation under Austrian labor law.
find out more
Daycare Termination Letter
An Austrian-compliant formal notice to terminate childcare services, specifying the termination date and essential details as required by Austrian childcare regulations.
find out more
Cover Letter For Management Trainee
A formal business document used in Austria to apply for management trainee positions, following Austrian employment practices and business communication standards.
find out more
Banking Cover Letter
A formal banking communication document used in Austria that complies with local banking laws and EU regulations, serving as official correspondence between financial institutions and their stakeholders.
find out more
Application Letter For Bank Statement
A formal request letter to Austrian banks for obtaining bank statements, complying with local banking regulations and data protection laws.
find out more
Excuse Letter For Not Attending Class
A formal letter compliant with Austrian education law that explains and documents a student's absence from class.
find out more
Simple Loan Application Letter
A formal loan request document compliant with Austrian banking regulations, outlining the applicant's loan requirements and financial status.
find out more
Welcome Letter To New Employee
An Austrian-compliant welcome letter that formally introduces new employees to the company while providing essential employment information and onboarding instructions.
find out more
Extension Of Time Letter
A formal request letter under Austrian law seeking additional time for contract completion, detailing delay causes and required extension period.
find out more
Transfer Request Letter On Medical Grounds
An Austrian-compliant formal letter requesting employee transfer based on medical grounds, including necessary medical justification and transfer details while maintaining privacy requirements.
find out more
Application Letter For Nursing Job
A formal nursing job application letter compliant with Austrian healthcare employment regulations and professional nursing requirements.
find out more
Letter Offering Employment
An Austrian-law compliant employment offer letter outlining key employment terms and conditions in accordance with Austrian labor regulations.
find out more
Leave Letter For Medical Leave
A formal medical leave request document compliant with Austrian labor laws, used to notify employers of temporary inability to work due to health reasons.
find out more
Authorization Letter For Claiming Documents
An Austrian-law governed authorization letter empowering a representative to collect or handle specific documents on behalf of the principal.
find out more
Maternity Letter To Employer
An Austrian legal document notifying an employer of pregnancy and requesting maternity leave under the Mutterschutzgesetz.
find out more
Leave Of Absence Letter For Personal Reasons
An Austrian-compliant formal letter requesting extended leave from work for personal reasons, detailing leave duration and arrangements.
find out more
Job Registration Letter
An Austrian Job Registration Letter (Dienstzettel) is a mandatory document outlining essential employment terms and conditions as required by Austrian employment law.
find out more
Hospital Appointment Letter
An Austrian-compliant formal appointment letter for hospital staff that outlines employment terms and conditions in accordance with Austrian healthcare regulations.
find out more
Holiday Application Letter
A formal request for paid time off under Austrian labor law, documenting holiday dates and work coverage arrangements.
find out more
Application For Annual Leave Letter
A formal leave request document compliant with Austrian labor law (Urlaubsgesetz) for employees to apply for their annual leave entitlement.
find out more
ұԾ’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; ұԾ’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
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)