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A guarantor is a person other than the applicant who can confirm their identity and may be called upon to confirm personal information. A guarantor can be a relative or someone living at the applicants address, as long as they meet all the requirements listed below.
A guarantor can be a family member or someone else you know. However, they must: be a Canadian Citizen. know you (the applicant) personally, for at least 2 years, and.
A guarantor is a person who guarantees your identity. This person must have known you for at least 2 years and well enough to confirm the information in your application is true.
The guarantor, who is often a parent, relative, or close friend of the tenant, signs the lease guarantor form to assure the landlord that rent payments will be covered in case the tenant is unable to pay.
After you have provided your guarantor with the correct identification, then you must fill out the applicant section of the guarantor form, providing and confirming your personal information and forms of identification. Once that is filled in you may hand the form to your guarantor to complete.
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To qualify as a guarantor, you will need to provide the landlord with proof of income (such as paystubs), bank statements, and your Social Security number for a credit and background check. (If you are self-employed, youll need to provide your tax returns from the past two years.)
If youre the parent or legal guardian who is applying on behalf of a child, you cannot sign as guarantor on the childs application. However, the other parent or legal guardian (not submitting the application) can sign as long as they meet the requirements.
Who can act as a rent guarantor? Typically, rent guarantors are parents, relatives or close friends of the tenant. To qualify as a guarantor, you will need to provide the landlord with proof of income (such as paystubs), bank statements, and your Social Security number for a credit and background check.

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