In the case of tenancy, it is important that the due process of a tenancy agreement should be complete i.e., both the landlord or property owner and the tenant should provide the necessary details and documents for the agreement. One such document is a rental guarantor letter. This article includes all the necessary details related to this document and it also includes some free rental guarantor letter templates for you.
What is a Rental Guarantor Letter?
A rental guarantor letter is simply a letter of guarantee written on behalf of a tenant that he/she provides to the landlord or property owner. This letter helps a person in getting someplace like an apartment, a building, an office, etc. on rent. This type of letter is usually written by someone close to the tenant like a family member or a friend who has a stable income with a good credit history.
Through this letter, the guarantor provides a guarantee or surety to the property owner that he/she will pay the amount of rent in the case the tenant fails to do so. With this letter, the guarantor takes responsibility for the obligation to which he/she was not actually entitled. Such a letter gives the landlord a sense of security before renting his/her place to the tenant. You can always look for the free rental guarantor letter templates that are given here on this page.
FREE Rental Guarantor Letter Templates in PDF
Parental Letter of Guarantee Template
File Size: 90 KB
Fillable Rental Guarantor Letter Template
File Size: 43 KB
Official Rental Guarantor Letter PDF Sample
File Size: 249 KB
Example Letter for Personal Guarantee of Rent
File Size: 113 KB
Simple Rental Guarantor Letter Sample
File Size: 218 KB
Formal Letter of Guarantee Example
File Size: 16 KB
Handy Rental Guarantor Letter Sample PDF
File Size: 208 KB
Printable Parental Rental Guarantor Form Template in PDF
File Size: 44 KB
Formal Rental Guarantor Letter Template
File Size: 206 KB
Professional Rental Guarantor Letter Form Example
File Size: 40 KB
How to Write a Rental Guarantor Letter?
Instead of writing such a letter yourself, you can use the rental guarantor letter template. Different types of templates for this purpose are also available on the internet and some of which you can check out here on this page. Some are available in complete written formats while others are available in forms that one can simply fill out.
However, if you want to know how to write a rental guarantor letter from scratch, make sure to consider the following steps:
- First thing first, begin your letter by introducing yourself and explaining your relationship to the tenant.
- Mention your contact information and details like contact number, address, email address, etc. This is important so that the property owner or manager can easily reach out to you in the case of need.
- In your rental guarantor letter, make sure to clearly state that you are ready to be the guarantor for the tenant with all your consent and show your willingness. This is the most important part of the letter so you should mention it with great clarity.
- Being a guarantor, you actually agree that you will pay the amount of the rent if the tenant is unable to pay. For this, you should also prove your creditworthiness by attaching to the letter any supporting materials or documents like your recent pay stub, bank statement, any other proof of income, etc.
- Write the letter in a concise way and use simple and easily understandable language. Make sure to keep the tone of your letter formal.
- Don’t forget to mention the date of writing the letter and add your signatures at the end.
- Make sure to thoroughly proofread your letter before sending it and also ensure that hat the letter is being addressed to the right person.