Drafting Limits on Guaranty in Lease

May 31, 2017
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Q: The owner of the space I’m considering leasing wants me to provide a guaranty. I’ve found a guarantor, but I want to avoid giving the owner unfettered power and make sure the guarantor is protected. Otherwise, what incentive does it have to stand in for me? What are some common limits on guaranties that I can negotiate to protect myself and my guarantor?

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