Document background
The Tenancy Agreement With Guarantor is a specialized rental contract designed for use in the South African property market where additional financial security is required beyond the standard tenant obligations. This document is particularly relevant for situations involving student accommodation, first-time renters, or individuals with limited credit history. It incorporates all standard residential lease provisions while adding comprehensive guarantor clauses that ensure a third party takes responsibility for the tenant's financial obligations if they default. The agreement complies with South African rental legislation, including the Rental Housing Act, Consumer Protection Act, and common law principles. It provides detailed terms covering rental payments, property maintenance, utility charges, and the specific circumstances under which the guarantor's obligations become active. The document is structured to protect all parties' interests while ensuring transparency and enforceability under South African law.
