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Rental Guarantee Form

Rental Guarantee Form Template for Switzerland

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Key Requirements PROMPT example:

Rental Guarantee Form

"I need a Swiss Rental Guarantee Form for a residential apartment in Zurich, with Credit Suisse as the guarantor bank, covering a three-month rent deposit of 9,000 CHF, to be effective from March 1, 2025."

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Document background
The Rental Guarantee Form is a crucial document in the Swiss rental market, required when establishing a security deposit for residential or commercial lease agreements. This document is used when a tenant needs to provide a security deposit to a landlord but prefers to keep their capital accessible rather than having it blocked in a deposit account. The guarantee, typically issued by a bank or insurance company, usually amounts to three months' rent for residential properties (potentially more for commercial properties) and serves as security for any claims the landlord may have against the tenant arising from the rental relationship. The form must comply with Swiss banking regulations and the Swiss Code of Obligations, particularly Articles 257e and 492-512, which govern rental deposits and guarantees respectively. The document specifies the conditions under which the guarantee can be called upon and released, protecting all parties' interests through a clearly defined legal framework.
Suggested Sections

1. Parties: Identification of all parties: Tenant (Principal Debtor), Landlord (Beneficiary), and Bank/Insurance Company (Guarantor)

2. Background: Brief context of the rental agreement and the requirement for the guarantee

3. Definitions: Key terms used in the document including 'Guarantee Amount', 'Rental Agreement', 'Security Deposit', etc.

4. Rental Property Details: Complete address and description of the rented property covered by the guarantee

5. Guarantee Amount: Specification of the guaranteed sum (typically up to 3 months' rent) and currency

6. Terms of the Guarantee: Core conditions under which the guarantee can be called upon and the process for doing so

7. Duration and Release: Period of validity and conditions for releasing the guarantee

8. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

Optional Sections

1. Insurance-Specific Terms: Required when the guarantee is provided by an insurance company instead of a bank, including specific insurance-related conditions

2. Commercial Property Provisions: Additional terms specific to commercial property rentals, including potentially higher guarantee amounts

3. Multiple Tenant Provisions: Required when there are multiple tenants sharing the rental property, specifying joint and several liability

4. Foreign Currency Provisions: Required when rent is paid in a currency other than Swiss Francs

5. Bank Account Details: Required when the guarantee involves a specific blocked account, including the account details and conditions

Suggested Schedules

1. Rental Agreement Reference: Copy or extract of the relevant rental agreement sections pertaining to the guarantee requirement

2. Signature Requirements: Form specifying signature requirements and authentication process for calling upon the guarantee

3. Release Form: Template form for the release of the guarantee when the rental agreement terminates

4. Bank/Insurance Terms: Standard terms and conditions of the guaranteeing institution

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Real Estate

Banking

Insurance

Commercial Property

Residential Property

Retail

Hospitality

Office Space

Industrial

Professional Services

Relevant Teams

Legal

Real Estate

Property Management

Compliance

Risk Management

Client Relations

Lease Administration

Operations

Banking Services

Insurance Services

Relevant Roles

Property Manager

Real Estate Agent

Banking Relationship Manager

Lease Administrator

Legal Counsel

Tenant Relations Manager

Commercial Lease Manager

Risk Manager

Insurance Underwriter

Compliance Officer

Real Estate Portfolio Manager

Facility Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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