The Personal Guarantee Form is a critical document in Australian business and financial transactions, commonly used when extending credit, loans, or other financial accommodations. It serves as a risk mitigation tool for creditors while requiring careful consideration of consumer protection laws and banking regulations. The document is particularly relevant in situations where a business or individual seeks financial support but lacks sufficient credit history or assets for standalone approval. This form must comply with Australian legislation, including the National Consumer Credit Protection Act and Australian Consumer Law, and typically includes provisions for the guarantee's scope, enforcement procedures, and protections for all parties. It's essential for the document to incorporate mandatory warning statements and acknowledgments of independent legal advice as required by Australian law.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the Guarantor(s), the Creditor, and the Principal Debtor
2. Background: Explains the context of the guarantee, including the underlying debt or obligation being guaranteed
3. Definitions: Defines key terms used throughout the guarantee document
4. Guarantee and Indemnity: Core section detailing the guarantee obligations and indemnity provisions
5. Extent of Guarantee: Specifies the scope and limitations of the guarantee, including maximum liability if applicable
6. Nature of Guarantee: Establishes whether the guarantee is continuing, irrevocable, and/or unconditional
7. Guarantor's Obligations: Details specific obligations, including payment terms and timing
8. Creditor's Rights: Outlines the rights of the creditor in enforcing the guarantee
9. Representations and Warranties: Guarantor's confirmations regarding their capacity and understanding
10. Independent Legal Advice: Confirmation that the guarantor has received or had the opportunity to receive independent legal advice
11. Enforcement: Procedures and conditions for enforcing the guarantee
12. Governing Law: Specifies the applicable law and jurisdiction
13. Execution: Signing provisions and witness requirements
1. Security: Include when the guarantee is secured by specific assets or property
2. Multiple Guarantors: Additional provisions for when there are multiple guarantors, including joint and several liability
3. Limit of Liability: Include when the guarantee is to be limited to a specific amount
4. Priority and Subordination: Include when there are multiple creditors or security interests
5. Corporate Guarantor Provisions: Additional provisions required when the guarantor is a company
6. Assignment and Transfer: Include when the rights under the guarantee may need to be assigned
7. Guarantee Release Terms: Include specific conditions under which the guarantee may be released
8. Privacy Consent: Additional privacy provisions when personal information will be shared with credit reporting agencies
1. Schedule 1 - Guaranteed Obligations: Detailed description of the obligations being guaranteed
2. Schedule 2 - Security Details: Details of any security provided in support of the guarantee
3. Schedule 3 - Independent Legal Advice Certificate: Certificate from legal advisor confirming advice provided to guarantor
4. Appendix A - Form of Demand: Template for making a demand under the guarantee
5. Appendix B - Privacy Consent Form: Detailed privacy consent provisions and declarations
Find the exact document you need
Guarantor Agreement
An Australian-compliant legal agreement where a guarantor assumes responsibility for another party's obligations or debts in case of default.
Download
Guaranty Of Lease Agreement
An Australian legal document where a third party guarantees a tenant's lease obligations, providing additional security for the landlord under Australian property law.
Download
Performance Guarantee Agreement
An Australian law-governed agreement where a guarantor ensures the performance obligations of a principal party to a beneficiary, typically used in commercial and infrastructure projects.
Download
Performance Bond Agreement
An Australian-law governed financial security instrument where a guarantor provides assurance for a contractor's performance obligations to a principal.
Download
Payment Guarantee Agreement
An Australian law agreement where a guarantor undertakes to fulfill another party's payment obligations to a creditor if the primary debtor defaults.
Download
Personal Guarantee Lease Agreement
An Australian legal document combining a lease agreement with personal guarantee provisions, ensuring secured tenancy obligations under Australian law.
Download
Personal Guarantee Form For Commercial Lease
An Australian legal document where a guarantor personally assumes responsibility for a tenant's obligations under a commercial lease agreement.
Download
Personal Guarantee Form
An Australian legal document where a guarantor assumes responsibility for another party's financial obligations, compliant with Australian federal and state laws.
Download
Loan Guarantee Agreement
An Australian law-governed agreement where a guarantor provides security for a borrower's loan obligations, including enforcement rights and statutory compliance requirements.
Download
Limited Guarantee Agreement
An Australian law-governed agreement where a party provides a capped or limited guarantee for another party's obligations to a beneficiary.
Download
Lease Guarantee Agreement
An Australian law-governed agreement where a third party guarantees a tenant's lease obligations to a landlord.
Download
Joint Guarantee Agreement
An Australian law agreement where multiple guarantors jointly guarantee a debtor's obligations to a creditor, setting out terms, conditions, and legal protections for all parties.
Download
Guaranty Agreement
An Australian law-governed agreement where a guarantor assumes responsibility for another party's financial obligations to a creditor.
Download
Guarantor Letter For Lease
An Australian legal document where a third party guarantees a tenant's lease obligations, providing security to the landlord under Australian property law.
Download
Guaranteed Payment Agreement
An Australian law-governed agreement where a Guarantor commits to fulfill specified payment obligations on behalf of a Principal Debtor to a Beneficiary.
Download
Guarantee Rental Agreement
An Australian legal document where a guarantor agrees to cover a tenant's rental obligations in case of default, governed by federal and state/territory tenancy laws.
Download
Guarantee And Collateral Agreement
An Australian law-governed agreement combining guarantee obligations with security arrangements over collateral, compliant with PPSA and related legislation.
Download
Continuing Guarantee Agreement
An Australian law-governed agreement establishing an ongoing guarantee obligation to secure debts and obligations of a principal debtor.
Download
Personal Guaranty Agreement
An Australian law-compliant agreement where a guarantor assumes responsibility for another party's financial obligations to a creditor.
Download
Commission Guarantee Agreement
An Australian law agreement establishing guaranteed commission payment terms between parties, including commission structure and guarantee provisions.
Download
Loan Personal Guarantee Form
An Australian law-governed document establishing a personal guarantee arrangement for loan obligations, compliant with national financial services regulations and consumer protection requirements.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)