Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Guarantor Agreement For Residential Lettings
"I need a Guarantor Agreement for Residential Lettings under Saudi law for a corporate guarantor (multinational company) guaranteeing their executive's residential lease in Riyadh, with specific provisions for electronic execution through the Ejar system and compliance with both civil and Sharia law."
1. Parties: Identification of the Guarantor, Landlord/Lessor, and Tenant, including full legal names and contact details
2. Background: Context of the guarantee arrangement, reference to the main tenancy agreement, and purpose of the guarantee
3. Definitions: Key terms used throughout the agreement, including 'Guaranteed Obligations', 'Property', 'Rental Period', and 'Tenancy Agreement'
4. Guarantee and Indemnity: Core terms of the guarantee, including scope of guaranteed obligations and nature of the guarantee
5. Duration of Guarantee: Term of the guarantee, including start date and conditions for termination
6. Guarantor's Obligations: Detailed list of specific obligations and responsibilities of the guarantor
7. Payment Terms: Specifics about payment obligations, including timing and method of payment
8. Enforcement: Procedures for enforcing the guarantee and circumstances under which it can be called upon
9. Notices: Requirements for formal communications between parties
10. Governing Law and Jurisdiction: Confirmation of Saudi law application and jurisdiction for disputes
11. Execution: Signature blocks and execution requirements for all parties
1. Islamic Finance Compliance: Additional provisions ensuring compliance with Sharia principles, required when parties specifically request Sharia-compliant documentation
2. Multiple Guarantors: Additional provisions for cases where more than one guarantor is involved, specifying joint and several liability
3. Corporate Guarantor: Special provisions required when the guarantor is a company rather than an individual
4. Guarantee Limitations: Specific limitations on the guarantee amount or scope, used when parties agree to cap the guarantee
5. Currency Provisions: Required when rent payments are in a currency other than Saudi Riyal
6. Electronic Execution: Provisions for electronic signature and Ejar system compliance, when parties agree to execute electronically
1. Schedule 1 - Property Details: Detailed description of the rental property covered by the guarantee
2. Schedule 2 - Tenancy Agreement: Copy or key terms of the underlying tenancy agreement
3. Schedule 3 - Guaranteed Obligations: Itemized list of all obligations covered by the guarantee
4. Appendix A - Guarantor Financial Information: Required financial information and documentation from the guarantor
5. Appendix B - Payment Schedule: Detailed schedule of rent payments and other financial obligations
6. Appendix C - Execution Requirements: Specific documentation requirements for proper execution under Saudi law
Authors
Real Estate
Residential Property
Property Management
Legal Services
Housing
Property Investment
Property Development
Financial Services
Islamic Banking
Legal
Real Estate Operations
Property Management
Compliance
Risk Assessment
Contract Administration
Tenant Relations
Islamic Finance
Property Services
Document Management
Property Manager
Real Estate Agent
Legal Counsel
Compliance Officer
Housing Officer
Tenancy Relations Manager
Real Estate Operations Manager
Leasing Manager
Contract Administrator
Risk Assessment Officer
Property Portfolio Manager
Islamic Finance Advisor
Tenant Relations Coordinator
Real Estate Transaction Manager
Find the exact document you need
Guarantor Agreement For Residential Lettings
A Saudi Arabian law-governed agreement where a guarantor undertakes to secure a tenant's obligations under a residential lease agreement.
Rent Guarantor Form
A Saudi Arabian legal document where a third party guarantees a tenant's rental obligations under local law and Sharia principles.
Tenancy Agreement With Guarantor
A Saudi Arabian law-governed rental agreement between landlord and tenant, backed by a guarantor's guarantee, incorporating local legal requirements and Sharia principles.
Lease Guaranty Agreement
A Saudi Arabian law-compliant agreement where a third party guarantees a tenant's lease obligations to a landlord.
Personal Guarantee Form
A Sharia-compliant Personal Guarantee Form under Saudi Arabian law where an individual guarantees the financial obligations of another party.
Guaranty Form
A Sharia-compliant guarantee agreement under Saudi Arabian law where one party guarantees the obligations or debts of another party to a beneficiary.
Loan Guarantor Agreement
A Saudi Arabian law-governed agreement where a Guarantor secures the obligations of a Principal Debtor to a Beneficiary, structured to comply with both commercial law and Sharia principles.
Guarantor Lease Agreement
A Saudi Arabian lease agreement that includes a third-party guarantor's commitment to secure the tenant's obligations, structured in compliance with Shariah law and local regulations.
Download our whitepaper on the future of AI in Legal
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
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.
Read our Privacy Policy.