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Real estate glossary

Guarantor (caution)

Person who undertakes, on the terms of the deed, to guarantee the payment of certain sums or the performance of obligations by another person. The word is also commonly used for the guarantee mechanism itself.

Also known as: Surety, Personal guarantee
Category: Renting and letting
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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).

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