Definition of Guarantor
A “Guarantor” is a person, corporation or other entity that has agreed to guarantee the tenant's performance under the lease, such as the payment of rent and/or the performance of other lease terms.
DISCLOSURE: Some of the definitions of leasing terms in this glossary have been tailored to reflect the common practice in the leasing of smaller-sized commercial properties in Northern California. These definitions are not intended to be the legal definitions that would typically be used in a legal proceeding.
