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Parent Guarantee

LEASE AGREEMENT FINANCIAL GUARANTEE MUST BE COMPLETED BY PARENT OR LEGAL GUARDIAN
Dear Parent or Legal Guardian,
Your child will sign a lease agreement for a rental property managed by Partlo Property Management in Mount Pleasant, MI. This form is similar to co-signing a note at the bank, so the age of the tenant is irrelevant. If the Lessee fails to pay rent for any reason, the Guarantor is bound by this agreement to any monies owed to Partlo Property Management. This is a continuing guarantee and shall be binding upon heirs, personal representatives, successors and shall continue in force under all circumstances as to all indebtedness and obligations contracted and incurred by Lessee to Lessor.
Lessee Information
First Name:   Last Name:
Rental Property Address:
Monthy Rent: $  Lease Term (months):
Guarantor Information
First Name:   Last Name:
Street Address:
City:   State:   ZIP:
Contact Phone #: ()-
email:
Relationship to Lessee:
Social Security Number*: --
By checking this box you acknowledge that you have read and agree to the terms below.

As guarantor, I hereby agree to guarantee to pay the full lease amount as stated above for the above named Lessee. This guarantee also pertains to tenant’s share of utility payments and damages beyond normal use of occupancy of the rental property described above.

*Information required for obtaining credit report.
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