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Lease Guarantor Form
"I need a Lease Guarantor Form for a high-value commercial property in Zurich, with a guarantee amount of CHF 500,000, where the guarantor is a corporate entity and we need to include specific early termination rights effective from March 2025."
1. Parties: Identification of all parties: Guarantor(s), Landlord (beneficiary of the guarantee), and Tenant (principal debtor)
2. Background: Brief context about the underlying lease agreement and the reason for the guarantee
3. Definitions: Key terms used in the guarantee form, including 'Guaranteed Obligations' and 'Maximum Liability Amount'
4. Scope of Guarantee: Clear statement of the obligations being guaranteed and the maximum amount of the guarantee as required by Swiss law
5. Duration: Term of the guarantee, including start date and conditions for termination
6. Guarantor's Obligations: Detailed description of when and how the guarantor must pay, including conditions for calling on the guarantee
7. Formal Declarations: Mandatory declarations required under Swiss law, including acknowledgment of liability and receipt of copy
8. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes
9. Execution: Signature blocks with date fields for all parties, including space for official authentication if required
1. Spousal Consent: Required when the guarantor is married and the guarantee amount exceeds CHF 2,000, as per Art. 494 CO
2. Multiple Guarantors: Additional provisions needed when there are multiple guarantors, defining whether liability is joint and several
3. Bank Guarantee Option: Alternative provisions for when the guarantee is provided through a bank rather than a personal guarantee
4. Early Termination Rights: Optional provisions defining specific circumstances under which the guarantor can terminate the guarantee
5. Subrogation Rights: Detailed provisions about the guarantor's rights to step into the landlord's position after paying
1. Schedule 1 - Underlying Lease Details: Copy or key details of the lease agreement being guaranteed, including rental amount and term
2. Schedule 2 - Guaranteed Obligations: Detailed list of all obligations covered by the guarantee
3. Schedule 3 - Form of Demand: Template for the landlord to make a formal demand under the guarantee
4. Appendix A - Identity Documents: Copies of identification documents for all parties for verification purposes
5. Appendix B - Marriage Certificate: Required when spousal consent is necessary, proving marital status of guarantor
Authors
Real Estate
Property Management
Banking & Financial Services
Retail
Commercial Property
Residential Property
Legal Services
Corporate Services
Hospitality
Industrial & Manufacturing
Legal
Real Estate
Property Management
Compliance
Risk Management
Facilities Management
Contract Administration
Corporate Services
Tenant Relations
Operations
Property Manager
Real Estate Agent
Legal Counsel
Lease Administrator
Risk Manager
Compliance Officer
Real Estate Director
Facilities Manager
Corporate Housing Manager
Tenant Relations Manager
Contract Manager
Real Estate Portfolio Manager
Property Services Coordinator
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