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Guaranty or Guarantee of Payment of Rent - Hawaii

Guaranty or Guarantee of Payment of Rent - Hawaii 2026

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This document is a Guaranty of Payment of Rent agreement between a Lessor and a Guarantor, ensuring that the Guarantor will cover rent payments owed by the Lessee under a specified Lease Agreement. It outlines the responsibilities of the Guarantor in case of non-payment by the Lessee, including timelines for payment after notice and conditions under which the Lease may be terminated.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the date at the top of the form where indicated. This is essential for establishing the timeline of the agreement.
Fill in the name of the Lessor and Guarantor in the respective fields. Ensure accuracy as these parties are crucial to the agreement.
Specify the Lessee's name, which is necessary for identifying who is being guaranteed under this agreement.
Indicate the monthly rent amount and total guaranty amount. These figures are vital for understanding financial obligations.
Provide the Guarantor’s address clearly, as this will be used for any notices regarding payment failures.
Review all sections carefully, ensuring that you understand your responsibilities as a Guarantor, especially regarding timely payments and notice periods.
Finally, both parties should sign and date at the bottom of the form to finalize this agreement.

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What is an example of a guarantor clause?

The Guarantor hereby fully and unconditionally guarantees to each Holder the due and punctual payment of the Guarantee Payments, as and to the extent applicable (without duplication of amounts theretofore paid by the Issuer) when and as the same shall become due and payable, according to the terms of the Preferred

What is a guaranteed rent agreement?

Guaranteed Rent also known as Rent to Rent is where an individual or company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord. The landlord gives consent to the third party, the Renter, to then rent the property to other tenants.

What are renters rights in Hawaii?

Tenants have the right to seek a rental unit in a habitable condition. If the property ever needs some repairs, the Hawaii tenant can request repairs from their landlord. If the landlord doesnt respond within the required notice, the tenant may exercise their repair and deduct right.

What is the guarantor clause for rent?

A guarantor is someone who agrees to pay your rent if you dont pay it, for example a parent or close relative. If you dont pay your landlord what you owe them, they can ask your guarantor to pay instead. If your guarantor doesnt pay, your landlord can take them to court.

What is the guarantor clause on a lease?

This clause is commonly used when the landlord seeks additional security, such as when the tenant has limited credit history or financial resources. Its core function is to provide the landlord with a secondary source of payment and performance, thereby reducing the risk of loss due to tenant default.

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How does a guarantor work for renting?

A rent guarantor, also referred to as a lease guarantor, is someone who agrees to pay the rent if the tenant cannot pay. This also puts you on the hook for the terms stipulated in the contract, including not only the monthly rent but also move-in and move-out fees, late fines, and other rent charges.

What is the guarantor clause in a tenancy agreement?

A guarantor is someone who agrees to pay the rent or damages relating to a tenancy if the tenant is unable to pay. Normally they will be a family member or close personal friend of the tenant. Typically they will also be a homeowner in the UK.

What is a rent guarantee?

A rental guarantee is an agreement between the investor and the developer that ensures a set rental income over a specified period of time in the event that the property remains vacant after purchase.

Guaranty or Guarantee of Payment of Rent - Hawaii 2026

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