Anyone have a sample Guarantee and Indemnity?Make Text Bigger
Hi there, I want the tenant’s mother to provide a guarantee and indemnity (not just a guarantee).
Does any kind member have a sample document I could use?
An indemnity creates a primary obligation ie the indemnitor is directly liable for any loss. A guarantee creates a secondary obligation where the loss has to be attempted to be recovered from the tenant first and then the guarantor.
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