Personal Guarantee - California

California · Fillable PDF · Free

Guarantee someone else's loan, lease, or business debt. A guarantor is reviewing a promise to pay or perform another person's or company's obligation. Your own money and property may be at risk, and the creditor may proceed against you without first pursuing the debtor.

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Who this form is for

  • People considering guaranteeing another person's or business's loan, lease or credit obligation.
  • Business owners, parents or co-guarantors reviewing full or limited guarantees.
  • Guarantors arranging notarization after reviewing the underlying agreement and risks.

What you'll need

  • The creditor, debtor and guarantor names and the underlying agreement and date.
  • The proposed guarantee scope, any liability limit and end date, and advice about the waivers and collection costs.
  • Any lender or landlord requirements, acceptable identification, and a copy of the agreement being guaranteed.

How to complete it

  1. Read the packet and the underlying agreement. Ask an attorney about personal liability, waivers and any effect on community property before signing.
  2. Identify the parties and guaranteed obligation, and review whether the creditor requires its own form.
  3. Complete the full or limited guarantee selection and any end date after reviewing the terms. Save and check the PDF in your own PDF app, then print.
  4. Arrange notarization for the guarantor signatures. Keep the signed guarantee and underlying agreement, and track payment or termination of the obligation.

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These forms are a free convenience, not legal advice. First Choice Mobile Notary & Apostille is not a law firm. Consult an attorney licensed in the relevant state for legal questions.

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