GUARANTOR AGREEMENT FOR A TENANCY
Date: __________
Related tenancy dated __________ for __________ between __________, of __________, and __________, of __________..
- Guarantor
The guarantor is __________, of __________, mobile __________.
- Guarantee
The Guarantor guarantees: __________. The guarantee ends on __________, subject to claims arising from obligations that fell due before that date and were notified within the ordinary reconciliation process.
This is a secondary payment/security obligation connected to the identified tenancy. It does not make the Guarantor an occupier or tenant and does not give the Guarantor possession rights.
- Demand and proof
A demand should identify the amount claimed, the tenancy obligation said to be unpaid or breached, and the supporting rent ledger, bill, inspection record or other reasonable evidence. A due guaranteed amount is payable within __________ days after a compliant written demand.
- Changes to tenancy
Variation rule: __________. A replacement tenancy, extension, substantial rent increase outside the disclosed escalation, or expansion of guaranteed obligations should not silently enlarge the Guarantor’s exposure beyond the selected rule.
- Possession remedies remain separate
This guarantee secures payment/defined loss only. It does not authorise the Guarantor or Landlord to evict, exclude or seize property. Possession is governed by the tenancy and the competent Punjab or Chandigarh rent-law process.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023. Personal data appearing in this document is collected for the specific purpose of administer and enforce the limited tenancy guarantee and communicate with the guarantor, communicating about it, and maintaining the resulting legal or operational record. The data may be shown to the owner, tenant, authorised property manager or consultant involved in the transaction, and to a verification or professional service provider specifically instructed for that purpose.
If the transaction does not proceed, application-stage personal data will be retained for 90 days from the decision or withdrawal. If the transaction proceeds, the document record will be retained for the term of the tenancy or transaction, plus 12 months. Data collected only to verify identity at one moment should be destroyed after verification, retaining only the fact and date of verification.
Consent may be withdrawn for future consent-based processing by writing to __________. A request to correct inaccurate data, erase data after its stated purpose has ended, or complain about handling of the record may be sent to the same address; the recipient should acknowledge and respond within 30 days.
Data minimisation: this document does not require a full Aadhaar number to be printed in shared prose. Where Aadhaar-based identity is offered in a KYC context, a masked Aadhaar should be accepted together with an alternative identity route such as passport, driving licence or voter identity card. PAN, bank-account and salary details are collected only where the purpose of the particular document genuinely requires them.
Personal-data instruction: __________. By signing after selecting consent, the signer confirms having read this notice and consents to the collection, limited use, disclosure and retention described above.
- Declaration and signature
Declaration: __________.
Guarantor: __________
Date: __________