Limited deed of guarantee document

0 Thanks
3 Posts
10 years ago
I have student tenant and parents acting as guarantors. I am using RLA standard docs for limited guarantee but one parent has queried the section 4. where it states their liability is "unlimited" and isn't happy about this - can I just remove this clause or amend it and if I do so how will I change its legality?

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.