GUARANTEE OF RENTAL AGREEMENT
1. In consideration of the execution of the Rental Agreement, dated for the premises
located at , by and between Everest Properties, Agent for
"Owner and , "Resident", and for valuable consideration, receipt of which is
hereby acknowledged, the undersigned, , herein referred to as Guarantor,
does hereby guarantee unconditionally to Owner, Owner's agent, and/or including Owner's successor
and assignees, the prompt payment by Resident of the rent or any other sums which become due
pursuant to the Rental Agreement, a copy of which is attached hereto, including any and all court costs
or attorney's fees incurred in enforcing the Rental Agreement.
2. In the event of the breach of any terms of the Rental Agreement by Resident, Guarantor shall be liable
for any damages, financial or physical, caused by Resident, including any legal fees incurred in enforcing
the Rental Agreement.
This Guarantee may be immediately enforced by Owner or Owner's designated representative upon any
default by Resident and an action against Guarantor may be brought at any time without first seeking
recourse against Resident.
The insolvency of Resident or nonpayment of any sums due from Resident may be deemed a default
giving rise to action by Owner against Guarantor.
If any legal action or other proceeding is brought by any party to enforce any part of this Guarantee, the
prevailing party shall be entitled to reasonable attorney's fees and costs incurred.
This Guarantee does not confer a right to possession of the premises by Guarantor, and Owner is not
required to serve Guarantor with any notices to terminate or to perform covenants, including any
demand for payment of rent, prior to Owner proceeding against Guarantor for Guarantor's obligations
under this Guarantee.
Unless released in writing by Owner, Guarantor shall remain obligated by the terms of the Guarantee for
the entire period of the tenancy provided by the Rental Agreement and for any extensions granted
Telephone ( )
EVEREST PROPERTIES, 2278 SHATTUCK AVE. BERKLEY, CA 94704 (510) 549-1954 ext. #9 FAX# (510) 549-1973