This guarantor is, in effect, a co-signer for the lease obligation. The guarantor agrees that if any of the rental payments are late or not paid, they will make the payments. The guarantor also agrees that the guarantee may be enforced without having to first proceed against the lessee for defaulitng.

This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.