The Guarantee of Lease Form is a crucial document in Hong Kong's property leasing landscape, commonly used when landlords require additional security beyond the tenant's own covenant. This typically occurs when leasing to new businesses, companies with limited trading history, or individuals with insufficient credit history. The document outlines the guarantor's obligations to fulfill the tenant's responsibilities if the tenant defaults, including rent payment, maintenance obligations, and compliance with lease terms. Under Hong Kong law, the guarantee must be in writing and clearly specify the guaranteed obligations. The document is designed to protect the landlord's interests while ensuring enforceability under Hong Kong's legal framework, which combines common law principles with specific local ordinances governing property and contractual relationships.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identifies the Landlord, Tenant, and Guarantor with their full legal names and addresses
2. Background: References the principal lease agreement and explains the context of the guarantee
3. Definitions: Defines key terms used in the guarantee, including 'Lease', 'Guaranteed Obligations', and 'Term'
4. Guarantee and Indemnity: Core section specifying the guarantor's obligations and the scope of the guarantee
5. Duration of Guarantee: Specifies the time period for which the guarantee remains valid and enforceable
6. Nature of Guarantee: Confirms this is a continuing guarantee and specifies whether it's joint and several
7. Guarantor's Obligations: Details specific obligations including rent payment, compliance with lease terms, and other financial obligations
8. Landlord's Rights: Outlines the landlord's rights to enforce the guarantee and seek remedies
9. Non-discharge of Guarantor: Specifies circumstances that do not discharge the guarantor from their obligations
10. Governing Law and Jurisdiction: Confirms Hong Kong law applies and Hong Kong courts have jurisdiction
1. Principal Debtor Clause: Optional clause making the guarantor liable as principal debtor rather than just guarantor - used for stronger protection
2. Cap on Liability: Sets maximum liability limit for the guarantor - used when parties agree to limit guarantor's exposure
3. Corporate Guarantor Provisions: Additional provisions when guarantor is a company - used for corporate guarantors
4. Personal Guarantor Provisions: Additional provisions specific to individual guarantors - used for personal guarantees
5. Assignment and Transfer: Provisions regarding ability to assign or transfer guarantee rights - used in commercial contexts
6. Guarantee Release Terms: Specific conditions under which guarantor may be released - used when parties agree on early termination possibilities
1. Schedule 1 - Principal Lease Details: Summary of key lease terms being guaranteed including property details, rent, and lease term
2. Schedule 2 - Guaranteed Obligations: Detailed list of all obligations covered by the guarantee
3. Schedule 3 - Form of Demand: Template for landlord to make formal demand under the guarantee
4. Appendix A - Copy of Lease Agreement: Attached copy of the principal lease agreement being guaranteed
5. Appendix B - Guarantor's Supporting Documents: Required identification or corporate documents of guarantor
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Residential Property
Retail
Office Space
Industrial Property
Hospitality
Banking and Finance
Legal Services
Property Management
Relevant Teams
Legal
Real Estate
Property Management
Compliance
Risk Management
Facilities Management
Asset Management
Contract Administration
Leasing
Relevant Roles
Property Manager
Real Estate Lawyer
Leasing Manager
Legal Counsel
Commercial Property Agent
Risk Manager
Compliance Officer
Contract Administrator
Facilities Manager
Asset Manager
Property Director
Tenant Relations Manager
Find the exact document you need
Senior Management Performance Review
A Hong Kong-compliant performance review template for evaluating senior management achievements, capabilities, and development areas.
find out more
Promissory Note For Late Rental Payment
A Hong Kong law-governed promissory note documenting a tenant's legally binding promise to pay outstanding rental debt to their landlord.
find out more
Formal Performance Appraisal
A Hong Kong law-compliant formal performance appraisal document establishing standardized employee evaluation procedures and documentation requirements.
find out more
Corporate PPA Renewable (Energy)
A Hong Kong law-governed agreement for corporate procurement of renewable energy, establishing terms for direct purchase from renewable energy producers.
find out more
Commercial Pro Forma Invoice
A preliminary commercial document under Hong Kong law that outlines the details of a proposed sale, including product specifications, pricing, and terms, typically used in international trade transactions.
find out more
Promissory Note For Payment
A legally binding written promise to pay a specific sum of money under Hong Kong law, creating an enforceable debt obligation between parties.
find out more
Short Form Of Contract
A concise contract template governed by Hong Kong law, designed for straightforward commercial arrangements requiring simplified but legally sound documentation.
find out more
Demand Of Delivery Letter
A formal letter under Hong Kong law demanding delivery of goods or services that are overdue or in breach of contract terms.
find out more
Loan Agreement And Mortgage
A Hong Kong law-governed agreement combining loan terms with property security arrangements through a mortgage, establishing lending conditions and security rights.
find out more
Negotiable Instrument Promissory Note
A Hong Kong law-governed financial instrument containing a written, unconditional promise to pay a specified sum of money, either on demand or at a predetermined time.
find out more
Promissory Note Guaranty
A Hong Kong law-governed guarantee securing payment obligations under a promissory note, combining personal guarantee and negotiable instrument elements.
find out more
Subordinated Loan Agreement
A Hong Kong law agreement establishing terms for a subordinated loan that ranks junior to other specified borrower indebtedness.
find out more
Interest Loan Agreement
A Hong Kong-compliant agreement establishing terms for an interest-bearing loan, including loan amount, interest rates, and repayment conditions.
find out more
Discontinuing Service Letter
A Hong Kong law-governed formal notice that communicates the termination of services, including essential details about the discontinuation process and transition arrangements.
find out more
Promissory Note For Examination Payment
A Hong Kong-governed promissory note documenting a legally binding commitment to pay for examination fees to an educational institution or examination board.
find out more
Simple Promissory Note Between Family Members
A Hong Kong-compliant promissory note template designed for formalizing loan agreements between family members, combining legal validity with family-friendly terms.
find out more
Simple Promissory Note For Personal Loan
A legally binding promise to repay a personal loan under Hong Kong law, specifying loan amount, payment terms, and interest rates.
find out more
Unsecured Loan Contract
A Hong Kong law-governed unsecured loan agreement establishing terms for lending without collateral, compliant with local lending regulations.
find out more
Promissory Note With Notary
A Hong Kong law-governed notarized financial instrument containing a written promise to pay a specific sum of money, with enhanced legal enforceability through notarial authentication.
find out more
Promissory Note Letter For Delayed Payment
A legally binding financial instrument under Hong Kong law documenting a promise to pay a specified sum at a future date, with detailed payment and interest terms.
find out more
Promissory Note For Late Payment Of Tuition Fee
A Hong Kong law-governed promissory note establishing a formal obligation to pay outstanding tuition fees to an educational institution.
find out more
Promissory Deed
A formal deed under Hong Kong law creating a binding promise to pay a specified sum of money, with enhanced enforceability compared to standard promissory notes.
find out more
Line Of Credit Letter
A Hong Kong law-governed document establishing a revolving credit facility between a financial institution and borrower, outlining facility terms and conditions.
find out more
Guarantee Of Lease Form
A Hong Kong law-governed document where a guarantor provides security to a landlord by guaranteeing a tenant's lease obligations.
find out more
Green Power Purchase Agreement
Hong Kong law-governed agreement for the sale and purchase of renewable energy, including environmental attributes and regulatory compliance requirements.
find out more
Balloon Promissory Note
A Hong Kong law-governed financial instrument documenting a loan repayment obligation with regular payments and a larger final balloon payment.
find out more
Unrestricted Letter Of Credit
A Hong Kong law-governed banking instrument that provides an irrevocable payment guarantee in international trade transactions, subject to UCP 600.
find out more
Promissory Note With Personal Guarantee
A Hong Kong law-governed financial instrument combining a promise to pay a specific sum with a personal guarantee, creating dual security through primary debt obligation and third-party guarantee.
find out more
Promissory Note With Collateral
A Hong Kong law-governed document containing a formal promise to pay a sum of money, secured by specified collateral assets.
find out more
Promissory Note Letter
A formal written promise to pay a specified sum of money under Hong Kong law, creating a legally binding debt obligation between parties.
find out more
Promissory Note For Property
A Hong Kong law-governed document containing an unconditional promise to pay a specific sum related to a property transaction, including payment terms and property details.
find out more
Promissory Loan Agreement
A Hong Kong law-governed agreement documenting a loan arrangement, including repayment terms, interest, and security provisions.
find out more
Pay Settlement Agreement
A Hong Kong law-governed agreement that formalizes payment settlements between employers and employees, setting out settlement terms and mutual releases.
find out more
Non Negotiable Letter Of Credit
A Hong Kong law-governed banking instrument that provides secure payment in international trade, with non-transferable payment rights to the beneficiary.
find out more
International Non Disclosure Agreement
Hong Kong law-governed international NDA template for protecting confidential information in cross-border business relationships.
find out more
Full Payment Agreement Of Property
A Hong Kong law-governed agreement documenting the full payment purchase of property, including all essential terms and conditions for property transfer.
find out more
Amended And Restated Promissory Note
A Hong Kong law-governed document that amends and restates an existing promissory note, consolidating all modifications and original terms into a single, comprehensive debt instrument.
find out more
Promissory Note Conversion Agreement
A Hong Kong law-governed agreement that establishes the terms for converting a promissory note into company shares, ensuring compliance with local corporate and securities regulations.
find out more
30 Day Promissory Note
A Hong Kong law-governed negotiable instrument containing an unconditional promise to pay a specified sum within 30 days.
find out more
Promissory Note For Land Purchase
A Hong Kong-compliant legal document containing a written promise to pay for land purchase, combining elements of a negotiable instrument with property transaction requirements.
find out more
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)