New York Guaranty of Commercial Lease

Secure the obligations of a corporate tenant ⁄ lessee under a Commercial Lease in New York with this Absolute, Unconditional and Continuing Guaranty of Lease.

• The Guaranty is given by a principal of the tenant, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant's business.
• A guarantee of this type is typically required as an inducement to the lessor ⁄ landlord to sign the lease.
• The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.

This New York Guaranty of Commercial Lease is provided in MS Word format, and is fully editable to meet your exact needs.