If your customer signs the lease agreement before the warranty agreement, the warranty agreement must be signed by deed. It may be possible to negotiate a rent payment in advance instead of a guarantee. The guarantor could agree on the liability of part of the rent if it is a joint lease agreement. A bond contract for a joint lease works in the same way. A guarantor is responsible for each tenant`s rent, unless something in the agreement says the rest. Most often, the landlord asks for a deposit when the tenant has low solvency or low income. Parents of teenagers or students are often asked to guarantee their children`s rent. However, it is increasingly common for landlords to require a guarantor regardless of the tenant`s income and creditworthiness. If the guarantee allows for derogations, including rent increases or a periodic rental agreement, the Tribunal may exempt the guarantor from any additional liability if it substantially exceeds the amount initially agreed.  I am the guarantor of my son-in-law, who has fallen behind in his rent. I received a letter from the estate agent in which he asked for £1,750 and told me I would be responsible for the legal costs when he is tried. I am a Scottish student who lives in England, and for the past five years I have struggled to get a guarantor, as my whole family is Scottish and estate agencies often only accept guarantors who live in England and Wales.
A guarantee contract must be signed in writing and signed by the guarantor.  Electronic signature is permitted.  An email exchange may constitute a written agreement if it is signed by the guarantor or by a person authorized by the guarantor.  The guarantor is likely a close friend or relative of the tenant. A communal housing or social services service may serve as a guarantor for someone to whom it is bound or authorized.  If you share a unit with other tenants under a rental agreement, i.e. a joint lease, it is customary for the guarantee to apply to the entire rent and not just to your share. I am the guarantor of a friend`s mother. The lease lasted a year, and the rent was paid without my knowledge.
In both cases, I had no new papers to sign. .