USA commercial landlords, use this
Non-Recourse Guaranty of Commercial Lease by Spouse to guarantee the tenant's obligations under the lease.
- The guaranty is given to further secure the obligations of a corporate tenant ⁄ lessee under a commercial lease.
- This type of guaranty is given by the spouse of a principal of the corporate tenant, in addition to a guaranty made by the principal, as an inducement to get the landlord to accept the sufficiency of the principal's guaranty.
- The spouse gives the landlord the right to obtain payment of sums due under the lease from property and assets owned by the spouse, whether community or jointly held property or as separate property.
This
USA Non-Recourse Guaranty of Commercial Lease by Spouse template is provided in MS Word format, and is fully editable to meet your exact needs.
