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rent guarantor

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731 views 1 replies latest reply: 06 July 2014

I signed an agreement last year to be a guarantor for someone on a one year students lease. This person has now signed a new agreement for september for a different property with the same agent. The agent has informed me that I am guarantor for the new agreement too but I never agreed to this! Am I legally obliged for the new tenancy agreement?

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Hi, thanks for your query in our forum.

Whether you are still liable as guarantor depends on the terms of the guarantee deed you signed.

If the tenancy has changed in any way, for example if the rent has increased, then that would cancel the guarantee because the tenancy agreement would be different from the one you agreed to.

All the best.

Disclaimer: This information is derived from personal experience and should not be relied upon as a definitive or accurate interpretation of the law.

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