guarantor problem

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    #16
    Or G could simply guarantee to L one-third of the total rent reserved by the Letting Agreement PROVIDED that the guarantee is to be unenforceable once G's offspring (or G) has paid that one-third.
    JEFFREY SHAW, solicitor [and Topic Expert], Nether Edge Law*
    1. Public advice is believed accurate, but I accept no legal responsibility except to direct-paying private clients.
    2. Telephone advice: see http://www.landlordzone.co.uk/forums/showthread.php?t=34638.
    3. For paid advice about conveyancing/leaseholds/L&T, contact me* and become a private client.
    4. *- Contact info: click on my name (blue-highlight link).

    Comment


      #17
      Originally posted by jeffrey View Post
      Or G could simply guarantee to L one-third of the total rent reserved by the Letting Agreement PROVIDED that the guarantee is to be unenforceable once G's offspring (or G) has paid that one-third.
      Genius. Why didn't we think of that before?

      The problem would be explaining it to the letting agents.
      'Pause you who read this, and think for a moment of the long chain of iron or gold, of thorns or flowers, that would never have bound you, but for the formation fo the first link on one memorable day'. Charles Dickens, Great Expectations

      Comment

      Latest Activity

      Collapse

      Working...
      X