Lease guarantees and indemnities are an important form of security for owners or lessors. A Guarantee and indemnity might be the only source of payment for rent, outgoings and other amounts where a tenant becomes insolvent. There are numerous defences available to guarantors and sometimes these are
asserted without proper grounds or inconsistently with Legislation and relevant cases. Also, claims under guarantees should accord with the terms of the lease and legal formalities. The resolution of disputes under lease guarantees requires a clear understanding of applicable laws and a savvy and practical approach.
Leasepro has the expertise and experience to guide you with clear
and practical advice regarding your rights and best options.
Get in touch for no-obligation information about how we can help you.